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President, Chairman of the Management Board Igor Sechin and first deputy Prime-minister of Kyrgysztan Djoomart Otorbaev signed today a Memorandum of Understanding concerning acquisition of no less than 51% share of the Manas International Airport LLC. The Memorandum was signed in the presence of Kyrgyz President Almazbek Atambaev and Chairman of Russian-Kyrgyz intergovernmental commission Andrey Belianinov.
The Memorandum envisages that Rosneft can invest up to 1 bln dollars for the acquisition of the shares of the Manas International Airport LLC and the realization of joint projects. In particular within the framework of the Memorandum Rosneft will evaluate the possibility of targeted investments in Manas International Airport LLC aimed at the creation of a large scale international logistics hub. The successful implementation of the potential deal implies the possible elaboration and realization of a complex aircraft aviation fuel supply program in the airports of Kyrgyzstan.
Rosneft Information Division
Tel.: +7 (499) 517 88 97
February 19, 2014
These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligation to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.
Keywords: 51 share, International Airport LLC, Manas, Possibility of Acquiring, Rosneft