The FINANCIAL — The Russian-British TNK-BP company is interested in the development of the Ukrainian shelf of the Black Sea and intends to enter the natural gas market of Ukraine, executive director of TNK-BP German Khan, told the Kommersant Ukraina newspaper.
He said that the issue was discussed at the meeting of the company leadership with Prime Minister Mykola Azarov and First Vice Prime Minister Andrii Kliuev on April 8.
He said that the projects of the company are being currently studied.
Khan also said that the company is ready to peaceful regulation of the conflict with the Pryvatbank group, which occurred on the basis of Vik Oil filling stations acquired by the Russian-British holding.
In December 2009, the TNK-BP signed an agreement on the acquisition of Kyiv-based Vik Oil limited liability company, which owns 118 filling stations in 13 regions of Ukraine.
Khan also said that TNK-BP plans to invest USD 500 million during the forthcoming three years into the development of the Lysychansk oil refinery in Luhansk region.
The funds will be channeled for the increase of processing depth and improvement of oil product quality up to the level of Euro-4.
As Ukrainian News earlier reported, TNK-BP is an international vertically-integrated holding, which is part of ten largest private oil companies in the world.
The company was established in 2003.
TNK-BP Commerce manages the assets of TNK-BP (a Russian-British joint venture) in Ukraine: the Lysychansk petroleum refinery (Luhansk region) and a large chain of gasoline filling stations.
TNK-BP is a vertically integrated international holding company. It is one of the ten largest private oil companies in the world in terms of volume of oil extraction.
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