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25/02/2013
13:52
Prosperity Capital complained against TNK-BP.

Protsvetaniye Holdings Ltd and Lancrenan Investments Ltd filed a claim against TNK-BP Holding to recover the losses in the volume of 9.983bn rub., TNK-BP informed.

Saratovsky Refinery is the third side in the claim. The preliminary hearings are set for Mar. 20.

Protsvetaniye Holdings Ltd and Lancrenan Investments Ltd are the holders of the latter and operate under the Prosperity Capital Management control.

Earlier, these Companies submitted the claims against TNK-BP several times concerning the underestimated prices on the refined products in 2005.

TNK-BP (TIN 7225004092) was formed in 2004. It is ranked as the third largest oil company in Russia held by BP and AAP (Alfa Group /Access Industries/Renova). TNK-BP Holding keeps the major portion of the TNK-BP-owned assets including TNK, ONAKO, SIDANKO acquired within the corporate restructuring.

It doesn't include TNK-BP-held assets in Ukraine and NGK Slavneft and some others. The minority holds about 5% in the Holding.

The 9-month 2012 net profit declined (IAS) 13% to $5.718bn. The gross revenues added 4% to reach $46.067bn on the 1.4% rise in Urals prices and output growth.

EBITDA gained $10.164bn or 6% below last year period; net debts being down to $4.34bn from $5.067bn.

The IH 2012 net profit (RAS) dropped 32% to 84.958bn rub.; revenues moved up 7% to 503.285bn rub. from 469.415bn rub.



"AK&M", 25.02.2013

 

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