Independent Oil and Gas Company of Khudainatov also wants to buy controlling stake in Bashneft

On April 21, 2016, head of the Independent Oil and Gas Company (NNK) of E. Hudaynatov has said that he aslo claims to the purchase of a blocking stake in Bashneft.

We also made a proposal for organizing the sale of a controlling stake in Bashneft to aim the resulting synergy of this at the development of the Far East. One of the goals of the privatization is bringing order to the company. One of the key conditions of the sale of the Bashneft’s shares will be, I hope, no conflict of interest of the acquirer, including, with respect to existing contracts for the supply and implementation of contracts. I think, then with the arrival of a new owner, the development of Bashneft will be more effective and transparent, - said E. Hudaynatov and specified that he was not going to buy shares of Bashneft for its money.