The Deputy head of the Ministry of energy: the independence of “Bashneft” should be retained after privatization

The Deputy head of the Ministry of energy: the independence of “Bashneft” should be retained after privatization


KRASNOYARSK, February 19. Independence of Bashneft should be retained after privatization. The journalists said the first Deputy Minister of energy of the Russian Federation Alexey Teksler.

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The Cabinet in the near future will determine the method of privatization and the size of the stake in Bashneft

“The company (Bashneft – approx. ed.) is a positive benchmark in the market, which, in General, may be a separate operating structure. But this is my opinion, I’m interested, given that I am the Chairman of the Board of Directors. Express their opinion on this issue,” he said.

Previously Teksler reported that the Ministry of energy of the Russian Federation favoured a sale to a strategic investor a controlling stake in Bashneft, noting that the Ministry considers the right to sell the stake in Bashneft, the volume of more than 50%. According to Teksler, in this embodiment, the sale of “Bashneft” the company’s value will be maximized.

Bashneft operates in more than 20 regions of Russia and abroad. The Federal property management Agency owns 50,08% of the share capital of Bashkortostan – 25% plus one share. On Thursday, the head of Bashkortostan Rustem Khamitov said that the region does not consider the sale of its stake and does not negotiate on this issue.