NK Rosneft' OAO Acquires Surgutneftegaz OAO's Stake in Natsional'nyi neftyanoy konsortsium-Interfax

Friday, 25 Jan 2013 09:22am EST 

Interfax reported that on January 25, 2013, NK Rosneft' OAO has acquired from Surgutneftegaz OAO stake in Natsional'nyi neftyanoy konsortsium (NNK), that is engaged in development of the Junin-6 field in Venezuela, NK Rosneft' OAO said. President of NK Rosneft' OAO Mr. Igor Sechin and the Head of Surgutneftegaz OAO, Mr. Vladimir Bogdanov signed a sales contract. Up to this point the NNK was owned in equal parts ( 20% each) by five Russian companies - NK Rosneft' OAO, NK Lukoil OAO, TNK-BP Holding OAO, Gazprom Neft' OAO and Surgutneftegaz OAO. After closing the transaction, the Company's stake in NNK decreased to 0%. 

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