The former head of “Rosneft” wrote Putin about the desire to privatize “Bashneft”


The former head of “Rosneft”, the owner of an Independent oil and gas company (NOC) Eduard Khudainatov appealed to President Vladimir Putin with a letter in which he indicated the willingness of NOCS to participate in the privatization of Bashneft, said on Wednesday the “Vedomosti” with reference to available a copy of the letter. According to the publication, the Hudaynatova letter dated 30 March, 5 April, Putin put him on a resolution to “consider”.

About the address of the head of NOC to the government on Wednesday also reported “Interfax” citing a source in the financial-economic bloc of the government. In the letter, the Khudainatov proposed to include in the terms of privatization of “Bashneft” the requirement for oil supply, refining and sales of petroleum products in the far East, told the Agency interlocutor. In the European part of Russia there is now a surplus of production, processing and manufacture of petroleum products, whereas the resource base to meet the needs of the Far East is not enough, says the head of the NOC. Independent oil and gas company owns the Khabarovsk oil refinery and network of filling stations in the region and has the necessary capacity to enforce these conditions, the statement reads.

The representative of the NOC did not respond to calls . In mid-February of 2016, four people — the Federal official familiar Hudaynatova and two sources in oil companies said that the head of NOC is interested in buying Bashneft. However, a source in the NOC was denied this interest, saying that the company has no funds for such a purchase, and opportunities to borrow them in the Western markets.

Applicants for Bashneft, which the government intends to privatize in 2016, now “at least four”, told “Interfax” one of the officials of the economic block of the government. According to him, not all of them — oil and gas company. “There are still bankers”, he said.

The government owns just over 50% of shares of “Bashneft”. The government of Bashkiria — the blocking shareholding at 25.1%. Subsidiaries of “Bashneft” have on its balance sheet 4,67% shares in the company, 15,59% — other legal entities, of 4.66% natural persons.

Earlier Wednesday, the National oil and gas forum Chairman and principal owner of LUKOIL Vagit Alekperov stated that the company is interested in buying the stake of the Federal government in Bashneft, which is 50%. He noted that negotiations on the purchase of a 25.1% stake from LUKOIL Bashkiria does not lead, because the Republic is their package does not sell. Two Federal officials said earlier that LUKOIL had expressed willingness to purchase a 75.1% stake in Bashneft with a substantial premium to the market. “A final decision on the scheme is no, and the probability of selling all of 75.1% of “Bashneft” remains”, — said on Wednesday the employee of the Ministry of economic development.

In February Forbes with reference to sources wrote that to participate in the privatization of “Bashneft” also like Yuri and Alexei Hominy, owns a number of small oil assets in Russia. Officially their representatives did not comment on it.

Eduard Khudainatov is headed by NOC with 2013. In the 2014 reporting the company has officially named him her primary beneficiary. Prior to joining PNC, he worked in Khudainatov of Rosneft. In the state company it came in 2008 from “Severneftegazprom” at the invitation of Igor Sechin, then held the post of Deputy Prime Minister. In 2010, Khudainatov had replaced Sergei Bogdanchikov President of Rosneft. After coming Sechin in “Rosneft” in 2012, Khudainatov became his first Deputy, and in July 2013 left the company.