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Kyrgyz "Petrol groups' purchased for 1.555 billion soms

Kyrgyzstan Materials 17 October 2011 17:35
A 100 percent government stake in the Kyrgyz nationalized "Petrol groups' - co-founder of the BishkekOil Company was sold for over 1.555 billion soms with a starting price of 123 .189 million soms in an open auction.
Kyrgyz "Petrol groups' purchased for 1.555 billion soms

Azerbaijan, Baku, Oct. 17 / Trend G.Dadashova /

A 100 percent government stake in the Kyrgyz nationalized "Petrol groups' - co-founder of the BishkekOil Company was sold for over 1.555 billion soms with a starting price of 123 .189 million soms in an open auction.

CJSC Bishkek.Oil Company purchased the object.

Petrol groups' is engaged in the sale of fuels and lubricants.

Earlier, some eight local Kyrgyz companies and a Kazakh citizen plan to purchase the nationalized LLC "Petrol groups' of Kyrgyzstan, 24.kg news agency reported with reference to the Kyrgyz State Property Ministry.

Bishkek Oil Company, MUSCAT SERVICE, Shnos, Bishkek Oil, CRM, Nurneftegaz, Kyrgyz Munay and KazBioTrans voiced intention to participate in an open auction. Kazakh Citizen Sadibkov also filed a relevant appeal.

The auction was held at the Public Broadcasting studio. The object was nationalized after the events of April 2010. On Sept.12, the relevant commission estimated the 100 percent government stake in "Petrol groups" at 123.189 million soms. Each asset valued at 81.928 million with unconfirmed accounts payable at 68.048 million.

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