TNK-BP discussing with KazMunaiGaz to acquire 58% shares of Pavlodar petrochemical plant

22.06.10 19:13
/IRBIS, June 22, 2010/ - TNK-BP is in talks with JSC National Company "KMG to acquire his 58% stake in Pavlodar petrochemical plant (PNHZ), stated in today's issue of the newspaper Vedomosti, citing an Bloomberg. By According to Bloomberg this statement made by the Chairman of the Board, the Fund of National Welfare SamrukKazyna "Kayrat Kelimbetov. As pointed out in the summer of 2008, the Chairman of the Board of Gazprom Neft Mr. Alexander Dyukov said the willingness of companies to buy up to 49% of "Mangistaumunaigas, which then owned 54.8% PNHZ and 15 fields in Kazakhstan, but the deal never, took place. The controlling block of a petrochemical plant bought Kazmunaigaz, but in October 2009 its head Mr. Kayrgeldy Kabyldin expressed willingness to transfer the shares PNHZ Russian companies, able to guarantee supplies of raw materials to the plant. Among the possible buyers called TNK-BP and Gazprom Neft. "With representatives of" Kazmunaygaz "and" SamrukKazyna "could not be reached, representatives of Gazprom Neft and TNK-BP declined to comment. But a source close to TNK-BP, told" Vedomosti "that the deal is unlikely - it is more needed Kazakh side, "- stated in the message. PNHZ would be primarily interested in Gazprom Neft, which lacks refining capacity, said, "Vedomosti" Troika Dialog analyst Mr. Valery Nesterov. In addition, Gazprom Neft is engaged in marketing its petroleum products in Central Asia, so it would be handy for a refinery in the region, he says. PNHZ Mr. Nesterov estimated at $ 2 billion [2010-06-22]