Gazprom `` `again took Rosneft`
Gazprom returned to his Rosneft - state-owned company, which bought the former subsidiary of Yukos#39; Yuganskneftegaz, and then got sick merge with gas monopoly. Since mid-February in the conflict there was no progress, but it seems to come the next round of fighting. Previously Rosneft is not even mentioned in the investment program of Gazprom . However, on Tuesday, Kommersant reported, citing sources in the Ministry of Economic Development, the Ministry submitted to the government amendments to the privatization plan for 2005. was listed in addition, that the actions of Rosneft should be contributed to the charter capital of JSC Rosneftegas (GNR) to be exchanged for shares of Gazprom. This, apparently, is an attempt to start the process of merging MERT Gazprom and Rosneft, remaining motionless for more than two months.
Chief question - the fate of the assets of Yuganskneftegaz - still has not been resolved, and that it will evolve around major events, predicts newspaper. Recall December 12, 2004 by government decree Rosneft came to the list of privatized companies in 2004. However, do not announce The official reasons for Federal Property Management Agency has failed to fulfill the commission of the Government on making the shares of Rosneft in the authorized capital of NPC, a subsidiary of Federal State Unitary Enterprise Tekhnopromexport.
It was assumed that the NPC after the payment of the shares of Rosneft additional issue of 270 billion rubles will exchange them for shares of Gazprom on the balance of its subsidiaries. Newspaper sources close to the ministry, explained submission of the draft government decree opening the possibility of a merger of Gazprom and Rosneft, if approved by Prime Minister Mikhail Fradkov, technical necessity. According to them, the item relating to the Rosneft, it is more convenient to take with the other amendments to the privatization plan. however, the source of Interfax the ministry said that perhaps a draft order on the privatization of Rosneft will be separately submitted to the government in the near future.
In the text of the amendments to the privatization plan Rosneft is expected to be derived from the direct ownership by the Federal Property Management Agency contribution to the authorized capital of GNR 100% of its shares. In practice, this means that the Ministry of Economic Development has made an attempt to stop the truce around the confluence of Gazprom and Rosneft and began implementation of a plan of the December deal . Recall that the plan was made public in late December, the head of the Industry and Energy Viktor Khristenko and supported by the chairman of the Board of Directors of Gazprom, Dmitry Medvedev. It is assumed that 100% of the securities of Rosneft will be exchanged for 10.7% of the shares of Gazprom and the assets YUNG of Rosneft will be displayed in a separate state structure. Against this scheme has performed a number of officials close to the Chairman of the Board of Directors of Rosneft, the deputy head of the presidential administration Igor Sechin.
Including the head of the Federal Property Management Agency Valery Nazarov. alternative involves the exchange of the shares of Gazprom of assets of Rosneft and its non-controlling stake. And it does not require exclusion YUNG or full transition state oil company under the control of Gazprom. Neither in Gazprom, or the Rosneft, nor in the Economics Ministry yesterday officially commented on the situation. Kommersant states that the Ministry of Economic Development, insisting on its merger scheme, which was announced in December, got into time trouble. If the merger would be delayed until mid-July, the state has not kept pace would get 51% of the shares of Gazprom to the shareholders#39; meeting on June 24. further delays in the issue of privatization scheme into the hands of the independence of Rosneft.
Transferring transaction in the fall would have caused at least need to reassess the Rosneft, which took place in October 2004. However, according to Rosneft company and now need to be assessed differently , taking into account the Yuganskneftegaz. Mechanism of divestments YUNG Rosneft is obviously not yet developed (as it should do in the first place itself, Rosneft, not too interested in it), and this is still the key obstacle to launch a merger MERT scheme by December.
Battle for Rosneft is going to be very tough, but the government and the presidential administration are doing everything to the internal conflict in the power did not go out. example, in one of the companies, Kommersant reported that absolutely all the decisions on the merger scheme by mutual agreement, will voice Viktor Khristenko. remaining interested parties allegedly allowed the oral order of Vladimir Putin to make any statements on the subject.
