12/18/2023 0 Comments Newstream refinery antipinsky russiaAccording to the report, the transaction may be closed before the end of the year. On 10 September 2019, New Stream Trading AG (NST) filed a request for arbitration against the Antipinsky Oil Refinery (ANPZ) as well as Sberbank of Russia. The company’s sales volume in 2014 amounted to USD 3 228.6 million, sales increase rate 79.4. Antipinsky Oil Refinery ranked 82nd (out of 600) position in the rating. ![]() The newspaper reports that SOCAR has "fundamentally agreed" on purchasing and will pay a "symbolic amount" for 100 percent of the assets, taking on their debt of $3 billion. On September 30, RAEX (Expert RA) international rating agency published its annual rating of Russian companies with largest sales volumes. As for the Antipinsky Oil Refinery and fields in the Russian Federation, there is currently no investment decision on these projects,” he said.Īhmadov noted that if SOCAR makes an investment decision on these or other projects in the Russian Federation in the future, the company will inform the public accordingly.Īccording to Kommersant newspaper, it is assumed that SOCAR will fully acquire Antipinsky Oil Refinery JSC, which also owns the production assets of New Stream - Mogutovskoye, parts of the Gremyachevsky and Vorontsovskoye oil fields in the Orenburg region. The Russian company Rusinvest has completed the acquisition of the 7.5 Mt/year Antipinsky oil refinery, located in the Tyumen region in western Siberia (Russia), for nearly RUB111bn (US1.5bn), as part of bankruptcy proceedings. “SOCAR regularly analyzes markets, considering existing investment opportunities. ![]() Currently, no investment decision has been made on acquisition of Antipinsky Refinery and oil fields in Russia by Azerbaijan’s state oil company SOCAR, spokespe
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