Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

07/01 09:03   Stoltenberg considers expansion of NATO presence at its eastern borders as defense measure
 
07/01 09:02   NATO ready for NRC meeting in near future - Stoltenberg
 
07/01 09:02   NATO currently rejects Russia's, CSTO's proposal on antiterrorist cooperation in Afghanistan
 
07/01 09:01   Ball in Russia's court in returning to partnership with Russia - Stoltenberg to Interfax
 
07/01 09:00   RUSSIA AND FSU GENERAL NEWS
 
07/01 08:20   Results of forex trading on Moscow Exchange on June 30
 
07/01 05:00   Russia political and economic calendar: July 1
 
06/30 22:01   No plans for mass dismissals of senior officers in Baltic Fleet - source
 
06/30 22:01   Naftogaz planning to buy nearly 3 bln cubic meters of gas in July-Sept, its price in Russia close to Europe's - state company's CEO (Part 2)
 
06/30 22:00   Turkey, Russia can increase bilateral trade to $100 bln per year - Turkish foreign minister
 




 

Interfax.com  |  Interfax news  |  Transneft spent 8.1 bln rubles on 10.5% of NCSP...


News headlines


April 11, 2014 12:04

Transneft spent 8.1 bln rubles on 10.5% of NCSP shares last autumn - report

MOSCOW. April 11 (Interfax) - Transneft (MOEX: TRNF) has disclosed the total amount the company spent last autumn in increasing its stake in OJSC Novorossiysk Commercial Sea Port (NCSP) (MOEX: NMTP), the Russian oil giant said in its yearly report published Friday.

Transneft bought 8.19% more ordinary stock in NCSP for 6.355 billion rubles in October. Additionally, the report says Transneft acquired 10.52% of NCSP in September-October for 8.104 billion rubles, boosting its effective stake in NCSP to 35.57% from 27.38%.

Based on the dollar's exchange rate as of autumn of last year, this totals around $250 million, meaning that Transneft spent less on the shares than the $300 million reported by the media at that time. This is not very significant though, Transneft President Nikolai Tokarev has said.

Tokarev said this was not the real price, and everything had been written by people who were offended. "It's necessary to divide what's in the paper by one and a half," he told journalists in October, commenting on the reported $300 million figure.

Tatneft said in its report that because of a significant decrease in the market value of NCSP shares as of the reporting date, and due to continuing decline after the reporting date, the group had impairment losses on the investment of 14 billion rubles.

Kh ak

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

July 01, 2016
 
08:20
Results of forex trading on Moscow Exchange on June 30
 
05:00
Russia political and economic calendar: July 1
 
June 30, 2016
 
22:01
No plans for mass dismissals of senior officers in Baltic Fleet - source
 
22:01
Naftogaz planning to buy nearly 3 bln cubic meters of gas in July-Sept, its price in Russia close to Europe's - state company's CEO (Part 2)
 
22:00
Turkey, Russia can increase bilateral trade to $100 bln per year - Turkish foreign minister
 
21:55
Russian Church welcomes shutdown of Moscow church of scientology
 
21:53
 
21:45
Kyiv wants to swap DPR soldiers captured in Shyrokyne area for Ukrainian captives
 
21:24
Naftogaz planning to buy nearly 3 bln cubic meters of gas in July-Sept, its price in Russia close to Europe's - national joint-stock company's CEO
 
21:20
Gazprom's proposal requires prepayment for 3 bln cubic meters at once, not agreeable to Naftogaz - state company chief
 
21:03
Over 20 bodies of Armenian soldiers abused by Azeri soldiers during April fighting, Stepanakert claims
 
20:58
Naftogaz proposes Gazprom to sign addendum to 2009 contract for gas supplies in Q3 (Part 2)
 
20:47
Kerry's visit to Tbilisi to reaffirm U.S. support for Georgia's EU, NATO integration - premier
 
20:44
Naftogaz proposes Gazprom to sign addendum to 2009 contract for gas supplies in Q3
 
 more headlines 



Interviews
 

.
Israeli Prime Minister Benjamin Netanyahu has given an interview to Interfax ahead of his visit to Russia in which he speaks about the influence that his personal relationship with Russian President Vladimir Putin have on the development of interstate ties, about Israels plans regarding new gas fields and said that Israel will into allow Syria to turn into a source of aggression. This will be Netanyahus third visit in under a year.

more
.
.
Indonesian Ambassador to Russia Wahid Supriyadi has given an interview with Interfax in which he speaks about the results of the Russia-ASEAN summit, prospects for achieving an agreement on oil production freeze in OPEC, Indonesian-Russian military and technological cooperation and the launch of direct air communication between Indonesia and Russia.

more
.
.
U.S. Department of State Special Envoy and Coordinator for International Energy Affairs Amos Hochstein has given an interview to Interfax‘s special correspndent in the United States Ksenia Baygarova in which he speaks about why the United States has started to export oil and gas, how realistic the intention of oil producing countries to freeze oil production is, and how U.S. energy companies react to sanctions against Russia.

more

 
  
 ©   1991—2016   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100