Здравствуйте. Вся информация этого сайта бесплатна без рекламы. Вы можете сделать пожертвование и поддержать развитие этого сайта. Спасибо.

Hello. This site is free without ads. You can make a donation and support the development of this site. Thank you.

2017-08-24 14:10:00

ROSNEFT BOUGHT ESSAR

РОСНЕФТЬ КУПИЛА ESSAR

ROSNEFTRosneft Successfully Closes Strategic Deal for the Acquisition of 49% of Essar Oil Limited

 

  • The Company has acquired a stake in a high-tech refinery equipped with all the necessary infrastructure (refining throughput - 20 mmt, Nelson index - 11.8, conversion rate – 95.5%)
  • A platform for further development of international trading – entering the high-premium markets of the Asia-Pacific region and south-east Asia – has been created
  • The Company has successfully entered the fast-growing Indian market

 

Rosneft successfully closed strategic transaction for the acquisition of 49.13% of shares of Essar Oil Limited (EOL) from Essar Energy Holdings Limited (EOL) and its affiliates. An investment consortium comprising Trafigura and UCP has also announced the closure of their acquisition of a separate 49.13% share of EOL. The price parameters are in line with the legally binding agreements signed previously.

The closing of the acquisition enables Rosneft to enter one of the world's fastest growing markets (29.8% cumulative GDP growth in India in 2013-2016).

Rosneft has acquired a stake in a first class asset with a significant development potential. The Vadinar refinery, located in the state of Gujarat, possesses high feedstock flexibility, with heavy grades from Latin America accounting for more than half of all feedstock processed. The refinery's configuration is one of the most technologically complicated in the Asia-Pacific region and has significant prospects for expansion in development of the petrochemical production. The availability of all the necessary infrastructure (a deep-water port, storage terminals and own power station are part of the transaction), as well as Rosneft's shares in upstream projects in Venezuela and working offtake contracts with PDVSA will provide Rosneft with significant operational synergies and help improve the refinery's economics. A further synergy will be derived from cross-supplies of oil products to Asia Pacific markets.

EOL has a vast retail network of over 3,500 Essar-branded fuel stations across India. This sales channel will further improve the asset's operational and financial performance thanks to the steadily growing local demand for high added value oil products and EOL's retail development strategy.

Commenting on the closing of the transaction, Rosneft's Chief Executive Officer Igor Sechin stated: "This day marks the beginning of a new chapter for EOL. Together with our partners we intend to support the company to significantly improve its financial performance and, in the medium term, adopt an asset development strategy. The closing of the deal is a remarkable achievement for Rosneft too: the Company has entered the high-potential and fast-growing Asia Pacific market. The acquisition of the stake in the Vadinar refinery creates unique opportunities of synergies with existing Rosneft-owned assets and will help improve efficiency of supply to other countries within the region."

Essar Founder Mr Shashi Ruia, said: "I congratulate Rosneft, Trafigura and UCP for investing in a world-class oil business, which we are proud to have built. For Essar, the closure of this landmark transaction ushers in a new phase of growth across our portfolio of businesses that hold great promise in India's enduring development story."

-----

Earlier:

 

ROSNEFT: 

   

 ESSAR:

 

ROSNEFT UP TO 423%

РОСНЕФТЬ: БОЛЬШЕ НА 423% ROSNEFT UP TO 423% РОСТ EBITDA ЗА I ПОЛ. НА 2,9% ГОД К ГОДУ ДО 639 МЛРД РУБ. РОСТ ЧИСТОЙ ПРИБЫЛИ БОЛЕЕ ЧЕМ В 5 РАЗ КВАРТАЛ К КВАРТАЛУ СТАБИЛЬНО ПОЛОЖИТЕЛЬНЫЙ СВОБОДНЫЙ ДЕНЕЖНЫЙ ПОТОК C ПОТЕНЦИАЛОМ УВЕЛИЧЕНИЯ ПО МЕРЕ ЗАПУСКА К ...
2017-08-17
     

ROSNEFT & ESSAR AGREE

РОСНЕФТЬ И ESSAR ДОГОВОРИЛИСЬ ROSNEFT & ESSAR AGREE Роснефть и Essar договорились об условиях поставок нефти и нефтепродуктов на НПЗ Essar Rosneft and Essar Agreed on Key Terms of Oil and Oil Products Supplies to Essar Refineries
2014-12-14
 

ROSNEFT & BEIJING GAS DEAL

СДЕЛКА РОСНЕФТИ И BEIJING GAS ROSNEFT & BEIJING GAS DEAL ПАО НК Роснефть и Beijing Gas Group Company Limited (далее Beijing Gas) закрыли сделку купли-продажи 20% акций ПАО Верхнечонскнефтегаз (дочернее общество ПАО НК Роснефть). Цена приобретённой 20 ...
2017-06-30
     

ESSAR ENERGY: FORCED TAKEOVER

ESSAR ENERGY: FORCED TAKEOVER ESSAR ENERGY: FORCED TAKEOVER Essar investors, fighting buyout, appeal to India and UK Essar investors, fighting buyout, appeal to India and UK
2014-04-27
 

ROSNEFT - ESSAR DEAL: $12.9 BLN

ROSNEFT - ESSAR DEAL: $12.9 BLN ROSNEFT - ESSAR DEAL: $12.9 BLN Creditor banks to Indias Essar Oil approved the acquisition of the company by a group including Russias Rosneft, two sources familiar with the matter said, removing a key hurdle to the $ ...
2017-06-24
     

RUSSIA - SAUDI COMPETITION

... ITION RUSSIA - SAUDI COMPETITION The deal between Essar and a consortium led by Kremlin oil giant Rosneft (ROSN.MM) appeared dead in the water two months ago after Saudi state energy firm Aramco weighed in, according to seven Russia, India and Saudi- ...
2016-11-16
 

ROSNEFT & ENI AGREEMENT

СОГЛАШЕНИЕ ENI И РОСНЕФТИ ROSNEFT & ENI AGREEMENT ПАО НК Роснефть и Eni S.p.A. в рамках визита итальянской делегации в Россию подписали Соглашение o расширении сотрудничества в сферах добычи, переработки, маркетинга и трейдинга. Подписи под документо ...
2017-05-18
     
 

EXXON - ROSNEFT PERMISSION

EXXON - ROSNEFT PERMISSION EXXON - ROSNEFT PERMISSION Exxon Mobil is seeking permission from the U.S. government for approval to resume drilling around the Black Sea with a Russian partner, state-owned Rosneft, according to a person familiar with the ...
2017-04-21
     
 

ROSNEFT EXPANSION

ROSNEFT EXPANSION ROSNEFT EXPANSION The world’s largest listed oil company by output has spent the past four months trumpeting agreements to buy oil from Egypt, Libya and Iraqi Kurdistan, drilling exploration wells in southern Iraq and considering op ...
2017-04-03
     
 

ROSNEFT INCREASES TO TURKEY

РОСНЕФТЬ: БОЛЬШЕ ДЛЯ ТУРЦИИ ROSNEFT INCREASES TO TURKEY ПАО НК Роснефть и Demiroren Group Companies подписали Соглашение о поставках нефтепродуктов в период 2018 – 2020 гг. Rosneft and Demiroren Group Companies signed an Agreement on petroleum produc ...
2017-03-13
     
       

 

 

 

Tags: ROSNEFT, ESSAR, RUSSIA, INDIA, OIL, GAS

Chronicle:

РОСНЕФТЬ КУПИЛА ESSAR
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

РОСНЕФТЬ КУПИЛА ESSAR
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

РОСНЕФТЬ КУПИЛА ESSAR
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

РОСНЕФТЬ КУПИЛА ESSAR
November, 20, 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00