"Rosneft" to sell some of its petrol stations with Trafigura.

The state-owned company can sell some its petrol stations to the trader.

"Rosneft" continues to seek a buyer for more than 80 of its petrol stations in Central Russia, which it should get rid of as prescribed by the Federal Antimonopoly Service (FAS). As "the Kommersant" is informed, a Swiss trader Trafigura could be a possible buyer, which has long-standing partnerships with "Rosneft". "Rosneft" has tendered these stations, but other VIOC and local entrepreneurs showed little interest.

"Rosneft" is negotiating with the Swiss trader Trafigura for the sale of the gas stations in the Tambov, Saratov, Samara, Orel, Smolensk and Kostroma regions, sources familiar with the progress told "the Kommersant". FAS ordered the state-owned companies to get out of the retail business, as after the purchase of TNK-BP the share of "Rosneft" in a segment of fuel sales in these regions exceeded 50%. " "Rosneft" still has 85-90 gas stations left, the company would like to sell all to one big buyer, and its partnership with Trafigura is a good opportunity", - one of "the Kommersant" interlocutors stated. "Rosneft" and Trafigura declined to comment.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer