Source Pravda.Ru

Sibneft and TNK complete purchase of Slavneft

The Invest-Oil company, acting on behalf of the Sibneft Oil Company and the Tyumen Oil Company (TNK), paid about RUR58.712bn (about $1.86bn) for about 3.563 billion common shares in the Slavneft Oil and Gas Company, which is 74.95 percent in the company, on January 18, 2003. These shares were purchased at a privatization auction on December 18, 2002. This information was posted by Sibneft and TNK in a joint press release.

Invest-Oil got a loan from Sibneft and TNK, which provided equal shares of it. Slavneft's shares were passed to Invest-Oil on January 21, 2003.

© &to=' target=_blank>RBC

&to=' target=_blank>SIBNEFT

&to=' target=_blank>TNK

When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan

Kuril Islands dispute between Russia and Japan: The impossible is impossible