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Rosneft to Set Up JV and Acquire 50% in Aircraft Fueling Facility at Kyrgyz Major Airport
19 February 2014
Rosneft President, Chairman of the Management Board Igor Sechin and Manas International Airport President Albek Ibrahimov signed today a framework agreement on acquisition by Rosneft of a 50% stake in INTEK LLC, 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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Notes for Editors: The Osh City Airport is one of the largest airports in the region and a division of Open Joint-Stock Company Manas International Airport. The airport turnover amounted to 0.84 mln people in 2012 and is expected to reach about 1 million people in 2013 (a 20% growth). |
Rosneft Information Division
Tel.: +7 (499) 517 88 97
February 19, 2014
These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligation to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.