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NK Rosneft' OAO looking to buy 51 pct in Manas Airport-RosBusinessConsulting


Wednesday, 19 Feb 2014 07:00pm EST 

NK Rosneft' OAO:Rosneft has signed a memorandum of intent with the government of Kyrgyzstan to buy at least a 51 percent stake in the Manas International Airport (Manas Airport), the company said in a statement-RosBusinessConsulting.The company may spend up to $1 billion on the acquisition of the controlling stake in the airport and implementation of joint projects.Rosneft intends to consider an investment in order to transform the airport into an international hub.It is also looking to implement a comprehensive program of jet fuel supplies to Kyrgyz airports.