OREANDA-NEWS. On March 27, 2007 RN-Razvitiye, a 100% held indirect subsidiary of Rosneft, was declared the winner of an auction for 1 billion shares of Rosneft and 3,56 billion RUR (nominal) of Yuganskneftegaz promissory notes held by YUKOS. RN-Razvitiye offered RUR 197,840,000,000 for the lot, which equates to RUR 194,282 per share taking into account the nominal value of the promissory notes, reported the press-centre of  RN-Razvitiye.


Rosneft considers the company’s shares an attractive investment with material growth potential. The Company intends to use the acquired shares as a strategic currency in exchange for oil and gas assets in Russia and abroad.