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NK Rosneft' OAO to set up JV and acquire 50 pct in aircraft fueling facility at Kyrgyz airport

Tuesday, 18 Feb 2014 07:00pm EST 

NK Rosneft' OAO:Says Rosneft President, Chairman of the Management Board Igor Sechin and Manas International Airport President Albek Ibrahimov have signed a framework agreement on acquisition by Rosneft of a 50 percent stake in INTEK LLC.INTEK LLC is the sole owner and the actual fueling operator of the Osh City airport.The agreement was signed in the presence of Kyrgyz President Almazbek Atambaev and the Chairman of the Russia-Kyrgyzstan Intergovernmental Commission Andrey Belianinov.The partners plan to focus on the aircraft fueling facility asset reconstruction program, and on upgrading the existing fuel storage, quality control and delivery procedures and technologies to make them compliant with the IATA international standards. 

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