Date: 7 months ago   Category: Energy

Putin has signed the decree on transfer of Chechenneftekhimprom to the property of Chechnya — Rambler News Service


The Russian President Vladimir Putin has peed the decree on transfer from federal property to the property of Chechnya of 100% of the Chechenneftekhimprom company, follows from the relevant document placed on the official Internet portal of legal information. "To accept the offer of the Government of the Russian Federation and government of the Chechen republic on transfer into the ownership of the Chechen republic of 100% of stocks of Chechenneftekhimprom open joint stock company which are in federal property (city of Grozny)", - it is said in the document. At the same time, according to the decree, the Government of the Russian Federation has to provide transfer of 100% of stocks of the company to two-month term. As it was reported earlier, in June, 2016 it became known that the government has prepared the plan of the section of assets of Chechenneftekhimprom belonging to Rosimushchestvo between the Chechen Republic and Rosneft. According to this plan, 2,86 thousand units of property on production and transportation rented at Chechennefteprom by Grozneftegaz will be transferred to the state, and then will be brought within privatization in authorized capital of Rosneftegaz owning a controlling stake of Rosneft. Chechenneftekhimprom and the remained property have to be excluded from the plan of privatization and are transferred to the Chechen Republic. Chechenneftekhimprom possesses 1113 oil and gas wells, sites of 11,6 thousand hectares, two oil refineries, repair shops, the equipment for oil production, four oil depots, more than 500 km of pipelines and also licenses for exploration and production of oil and gas. Earlier the Governor of Chechnya Ramzan Kadyrov repeatedly asked about transfer of Chechenneftekhimprom to the republic. At the end of 2015 the idea was approved by the Russian President Vladimir Putin.

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