Rosneft acquired 20% in National Petroleum Consortium LLC from Surgutneftegas for RUB 6 billion, Rosneft informed.
Following this transaction, Rosneft's share in NPC increased to 40%.
National Petroleum Consortium LLC shares financing of a prospecting project at the Junin-6 block in Venezuela with a subsidiary of Petroleos de Venezuela S.A., Venezuela's state oil and gas company. The acquisition will be considered as an investment in a subsidiary entity against a stake in the capital.
OJSC Rosneft (tax number: 7706107510) is the largest oil company and largest tax payer in the Russian Federation. Rosneft's proved SEC compliant reserves as of December 31, 2011 were 17.618 billion barrels of oil equivalent. In 2011, Rosneft ramped up production of hydrocarbons to 2.586 barrels per day.
The company's authorized capital is RUB 105.981 million. This amount is represented by 10,598,177,810 common shares at par value of RUB 0.01. The company's largest shareholder is the state-owned company Rosneftegaz securing 75.16% of its authorized capital.
Net profit (IFRS) of Rosneft Oil Company for 2012 increased by 7.2% to RUB 342 billion from RUB 319 billion. Revenue increased by 13.2% to RUB 3.078 trillion from RUB 2.718 trillion for 2011. EBITDA decreased by 8% to RUB 609 billion from RUB 662 billion. Capex amounted to RUB 466 billion, FCF was RUB 45 billion.
Net profit (RAS) of OJSC Rosneft Oil Company for January-September 2012 increased by 38.2% to RUB 236.196 billion from RUB 170.94 billion for 9 months 2011. Rosneft's revenue increased by 32.5% to RUB 1.306 trillion from RUB 986.376 billion in January-September 2011, pre-tax profit by 30% to RUB 274.305 billion from RUB 211.063 billion.