April 12, 2017

The Independent oil and gas company sold the first major asset

SBS Consulting experts commented on the acquisition by Rosneft from the Independent Oil and Gas Company of 100% of the company Kondaneft for 40 billion rubles.

SBS Consulting experts commented on the acquisition by Rosneft from the Independent Oil and Gas Company of 100% of the company Kondaneft for 40 billion rubles.

According to SBS Consulting experts, this assessment seems, if not fair, at least interesting for Rosneft. The expediency of the transaction for Rosneft is explained by the fact that currently, in the framework of the tax maneuver being carried out, the export of dark oil products and oil is more attractive than their deep oil refining.