Bashneft is not considering the sale of Ufaorgsintez to "Rostech" after the consolidation of the company's shares.
Edited by Rhod Mackenzie / 2016-01-19 06:03:22
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Shares Russia Oil and Gas Bashneft Oil Production and Refining
Currently Bashneft, which is in the top ten largest Russian oil companies, is not considering the possibility of selling or transferring Ufaorgsintez (UOS, part of the "Joint Petrochemical Company" (JPC), one of the largest Russian enterprises for the production of organic synthesis and polymer materials, after the consolidation of the company's shares to the state corporation "Rostech", the RF Deputy Minister of Energy, the Chairman of the Board of Directors of Bashneft, Aleksey Teksler informs.