Rosneft revealed the exchange

“Tomskneft” was replaced by Yukos traders a transaction, during which Rosneft bought former assets of Yukos from LLC, united in Lot No. 13, and sold 50% of Tomskneft shares of Tomskneft, was a simple exchange. This follows from the investment memorandum prepared by Rosneft for the release of Eurobonds for $ 5 billion. As the newspaper suggested, Vnesheconombank (VEB) in this deal was an intermediary.

The assets that were bought by Prana at the auction on June 8 for 100 billion rubles (almost $ 4 billion) cost Rosneft $ 3.4 billion, the memorandum said. The discount, apparently, is due to the fact that not all assets of the 13th lot have left the state-owned companies. Judging by the message of Rosneft, the company bought a building on Dubininskaya Street and a share in the trading structures of Yukos, on the balance of which, according to the President of Rosneft, Sergey Bogdanchikov, values for several billion dollars hung. 77.4% fell out of the transaction at the United Center for Research and Development LLC, located on Leninsky Prospekt, 61% at the NIA of the Aviation Industry Economics OJSC (owns the building in Ulan Lane), 100% at Topmaster-Rielti LLC (a complex of buildings on the suburban highway).

For the same amount - $ 3.4 billion VEBU was sold half of Tomskneft. This is despite the fact that even the optimistic assessment of the company made by the Miller & Lents auditor is $ 5.37 billion for 100% of Tomskneft. Assessments of Russian analysts are even more modest. The only possible explanation for such price oddities - the deal was not money, with assets they simply changed. Moreover, the VEB acted exclusively as an intermediary structure. As the Minister of Finance Alexei Kudrin, the Supervisory Board of the Development Bank (created on the basis of VEB), in which he is included, did not consider the acquisition of Tomskneft on Friday. The Council would be obliged to consider the deal if the bank really bought the company - the transaction value significantly exceeds 10% of the authorized capital. If the VEB is called upon to play the role of a temporary storage for assets, which the real owner will subsequently take away, such a procedure is not needed.

Those who ultimately receive 50% of Tomskneft will not doubt the analysts. From the very beginning, Gazprom showed interest in this asset. He, according to indirect data, stands for Prana LLC. And such an exotic scheme was required because neither Gazprom nor Rosneft could afford the acquisition of assets for money: debts of both companies are already inadmissible.

07/08/2007 / Dmitry Pavlovich, the material was published in the "newspaper" No. 122 dated 09.07.2007.