Media: Independent oil and gas company Khudainatov for sale – Finanz.ru

The former head of Rosneft Eduard khudainatov sells Independent oil and gas company (NOC), write “Vedomosti” with reference to the counterparty of the company, Federal officials, and two people close to potential buyers. According to sources, the company has several bidders.

According to some, an offer to buy the company has received and expressed an interest in the asset “Tatneftegaz”, “Rosneft” and structures of Alexei and Yuri Hotiny. It is not excluded that the transaction can interest foreign investors. The cost of NOC, the interlocutors “Vedomosti” do not say, about the reasons of finding buyers for them is also unknown. The Director of the Small Letters Vitaly Kryukov suggested that the investor the company could push the high debt.

Managing GL Asset Management Sergey Vakhrameev considers that NOCS now can cost about $ 4 billion. He noted that in 2014, oil prices decreased significantly, and the only refining asset NNK – Khabarovsk oil refinery is unprofitable in 2012. For 2015, the company received 7.4 billion RUB of loss.

the Analyst of Raiffeisenbank Andrey Polischuk has reminded that initially it was clear that the NOC will at some point be sold. “This is a worldwide practice is to collect small assets, optimize them and sell a major player,” he says. According to experts, the company would be particularly interesting to “Rosneft”, “LUKOIL” or “Surgutneftegaz”.

He Khudainatov has denied the information on intention to sell the NOC. “Responsible official: I never offered to sell my company”, – he said RBC. Close to the company man also claims that information on the sale is not true, and “active search of customers, no.”

the Revenue of the head structure of NNK, Aliance Oil, Eduard Khudainatov, was by the end of 2015 of $ 2.2 billion, EBITDA – $ 318,3 million, a net loss of $ 153 million For the first nine months of 2016 revenue was $ 1.57 billion, EBITDA of $ 255.1 million, and net profit – $ 116,4 million At the end of September the net debt / EBITDA ratio was at 5.6, compared with 5.2 at the beginning of 2016. While the debt service of the company in 2015 spent $ 170.5 million, and for the first nine months of last year – $ 122 million, a portion of the interest payments capitalized.