Στην εξαγορά του 50% της BP στην κοινοπραξία TNK-BP συμφώνησε να
προχωρήσει η Rosneft, έναντι τιμήματος περίπου 26 δισ. δολαρίων σε
μετρητά και μετοχές.
Αποκτώντας τον έλεγχο της TNK-BP, η Rosneft θα καταφέρει να αυξήσει την
παραγωγή πετρελαίου και φυσικού αερίου σε περίπου 4,5 εκατομμύρια
βαρέλια την ημέρα, δημιουργώντας έναν ενεργειακό κολοσσό, αλλά και η BP
εξασφαλίζει την παρουσία της στην ρωσική ενεργειακή αγορά.
Συγκεκριμένα, η
βρετανική εταιρεία πετρελαιοειδών θα πωλήσει τη συμμετοχή της στη
Rosneft, λαμβάνοντας ποσό 17,1 δισ. δολαρίων σε μετρητά καθώς και
ποσοστό 12,8% του μετοχικού κεφαλαίου.
Η συμφωνία προβλέπει επίσης πως η BP θα επανεπενδύσει 4,8 δισ. δολάρια
στις κρατικές μετοχές της Rosneft, αποκτώντας εν τέλει ποσοστό 19,75%
και δύο θέσεις στο διοικητικό συμβούλιο της ρωσικής εταιρείας.
Με τη συμφωνία αυτή, η Rosneft θα βρεθεί με διαφορά στην πρώτη θέση
μεταξύ των εγχώριων ανταγωνιστών από πλευράς μεγέθους, απορροφώντας τη
μέχρι σήμερα τρίτη σε μέγεθος εταιρεία υδρογονανθράκων στη Ρωσία με
ετήσιο τζίρο 60 δισ. ευρώ.
Η BP έχει πουλήσει περίπου 33 δισεκατομμύρια δολάρια του ενεργητικού της
από το 2010, καθώς επικεντρώνεται
στην παραγωγή αργού πετρελαίου που είναι και πιο επικερδής.
http://www.skai.gr/news/finance/article/215447/sti-rosneft-to-50-tis-bp-stin-tnk-bp/
BP SELLS: 50pc shareholding in TNK-BP
BP GETS: $26.8bn - of which $17.1bn in cash and $9.7bn worth of shares.
BP FINAL SHAREHOLDING IN ROSNEFT: 19.75pc (12.84pc shares from
Rosneft, worth $9.7bn, as part of initial transaction, 5.66pc shares
in Rosneft from the Russian government, bought at a 12pc premium to bid
price, using $4.8bn of the cash proceeds, 1.25pc shares already held
by BP prior to deal
BP SEATS ON ROSNEFT BOARD: Two
BP NET CASH FROM DEAL (after buying Rosneft shares from Russian
government): $12.3bn
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9625640/BP-Rosneft-deal-the-facts-and-figures.html
So
there’s the plan. The arrangements must still be approved by Moscow.
One assumes that given the support for the proposals coming from Sechin,
a close confidant of president Vladimir Putin, there should be no
problems squaring the Kremlin. As Reuters reported, Putin blessed the
agreement saying it was a good deal at a good price.
But, as BP discovered with an earlier deal with Rosneft last year, it
ain’t over till it’s over. Rosneft was quite right to emphasiss that
its deal with BP is “entirely independent” of the arrangements with AAR.
After all it was AAR which managed to block last year’s BP-Rosneft
plan.
http://blogs.ft.com/beyond-brics/2012/10/22/bprosneftbp-tnk-26bn-deal/
Russian state-owned oil giant
Rosneft strengthened its hold on the country's lucrative oil industry when it sealed a deal Monday to buy
TNK-BP, the 50-50
joint venture between BP, the British energy country, and a group of Russian oil oligarchs.
The
deal will allow Rosneft, already the country's top oil producer, to
increase its global profile. The new combined company will leapfrog
ExxonMobil Corp. to become the world's largest publicly traded producer
of oil and gas,
in terms of output. ExxonMobil's latest earnings show its daily output
at 4.2 million barrels of oil, below the expanded Rosneft's projected
4.6 million.
As part of the
deal, BP succeeds in unloading its stake in a troublesome joint-venture.
In return, it gets $17.1 billion in cash from Rosneft and a 12.84
percent stake in Russia's
biggest oil company. The British company is also planning to use some
of the money it's reaped from the sale to raise its stake in Rosneft to
19.75 percent. BP will also get two seats on the Russian company's
nine-member board.
In a
parallel development, Rosneft said it had agreed to buy the other 50
percent in the joint venture from AAR, for $28 billion, and that the
deal was "entirely independent of the transaction with BP." AAR
confirmed that a memorandum of understanding has been signed, but added
that it is still subject to other conditions.
Rosneft,
formed in 1993 out of the former Soviet state oil and gas authority, is
currently 75 percent owned by the government. The remaining shares are
either traded publicly on the Russian stock market or owned by the
company and its managers. It is not yet clear how much of Rosneft's
existing shares BP will take or if the Russian company will have to
issue new stock to seal the deal.
Rosneft CEO Igor Sechin broke the news about the deal Monday afternoon to President Vladimir Putin, telling him that the deal would be worth about $61 billion.
"This
is a good big deal which is important not only for Russia's energy
sector but for the entire Russian economy," Putin said in remarks
carried by Russian television.
Sechin told Russian news agencies
following his meeting with Putin that Rosneft would probably use loans
from foreign banks as well as funds raised from the sale of non-core
assets to pay for TNK-BP. Rosneft should expect to take over TNK-BP
entirely within the next six months, he said.
Russia
is an important part of BP's business, accounting for a quarter of its
oil production. BP Chief Executive Bob Dudley has looked to the
country's vast oil resources as a key ingredient to the company's
recovery from the disastrous oil spill in the Gulf of Mexico.
The
TNK-BP joint venture has been troublesome — albeit lucrative — for BP.
Dudley served as TNK-BP's chief executive until summer 2008 when he was
forced to leave Russia after being denied a visa. Dudley and TNK-BP's
Russian billionaire shareholders have had serious disagreements over the
company's long-term strategy and Dudley subsequently complained that
the Russian shareholders were behind a campaign of harassment.
In
2011, relations worsened when BP tried to strike a separate partnership
with Rosneft to explore for oil beneath the Arctic Ocean. AAR
subsequently sued and got the deal blocked, alarming BP investors.
Dudley
said in the statement on Monday that "BP intends to be a long-term
investor in Rosneft - an investment which I believe will deliver value
for our shareholders over the next decade and beyond."
Ildar
Davletshin, an oil and gas analyst at Renaissance Capital, said the deal
"strategically looks very positive for BP" which has replaced "a
private partner for a strategic national company which has much bigger
access to resources in Russia and has much bigger political support in
this country."
Davletshin added that Rosneft will more likely be
run "in the interests of shareholders" rather than serving the Kremlin's
political agenda since BP will have two board members. Rosneft has been
involved in an array of overseas projects largely viewed as
unprofitable but designed to prop up the Kremlin's foreign policy.
Sechin
sounded optimistic about their tie-up with BP, saying that his company
"would benefit from BP's experience and its track record of implementing
best international practices in Russia."
Rosneft shares jumped
more than 3 percent on the announcement but rolled back to trade only
1.6 percent higher at 218 rubles per share.
BP shares were up 0.57 percent to 453 pence following the announcement.
Ratings
agency Fitch last week warned Rosneft of a possible rating downgrade
because of the TNK-BP deal. Fitch said the Russian company should have
no problems raising the money to pay for 50 percent, but said the
purchase of the other 50 percent could require so much borrowing that it
could lead to a downgrade.
http://news.yahoo.com/russias-rosneft-buys-tnk-bp-113836261--finance.html
