Raw materials for the first auction UMVB repurchased group “Privat”
Mar 20th, 2010 | By admin | Category: Main News<1000;p> at the Ukrainian Interbank Currency Exchange yesterday, the auction for the sale of oil company Ukrnafta (produces 87% of the country"s oil, 42% belongs to the group "Privat"). According to the Interbank Currency Exchange, offered for sale from 166.852 tons of oil 164.852 tons bought Dnipropetrovsk Company Rializ Oil "(included in the group" Privat "). The average oil price at the auction amounted to 3,3 UAH /t. Another 2 tons bought oil trader, affiliated with the company "Gales K, which is in partnership with the group" Privat ". All lots (except one, the selling price of which decreased from 3.5 UAH /t to 3,3 UAH /t) were sold at a starting price. In Ukrnafta results of the contest yesterday, did not comment.
assumed that the oil price at the auction will be considerably higher. In December, the Cabinet of Ministers adopted a decree according to which the price of domestic raw materials should be tied to the cost of imports. Accordingly, it should grow by 42.3% - still Ukrnafta selling all raw materials company Ukrtatnafta (controlled by the group "Privat"). The first two attempts to hold an auction for the new conditions also unsuccessful - the company declined to participate in the auction, since the raw materials sold subject to removal from the tanks Ukrtatnafta. Furthermore, 20 January Exchange was the definition of District Administrative Court of Kyiv, which the suit Ukrnafta suspended a government decree.
At this time the auction conditions have not changed. "Conditions in the market should be equal for all companies. Unfortunately, this principle has been two years does not apply to trade in Ukrainian oil - says a spokesperson for TNK-BP Commerce Dmitry Zverev .- Basis of delivery of the resource are not deposits, and reservoirs of private companies, which makes the delivery of oil to their competitors is extremely problematic. Today"s auction UMVB essentially no different from many other similar auctions. "We can state that market-based pricing on Ukrainian raw materials does not occur, which distorts the competitive environment and negatively affects the investment attractiveness of the industry" - agree to the press service of LUKOIL.
yesterday Urals crude on European markets was worth $ 71.4 per barrel, while the price of the sold Ukrnafta oil amounted to $ 47.8 per barrel, said analyst Dennis Dragon Capital Sakwa. "Discount 33% - is significant, given that the quality of Ukrainian oil exceeds the Urals", - he said. According to Sakwa, as a result Ukrnafta failed to earn about $ 18 million
This could not affect the share prices Ukrnafta: yesterday the paper company in the Ukrainian Exchange fell by 1,5%, on the PFTS - by 0,8%. But by selling oil at reduced prices of the related company group "Privat" increases profit Ukrtatnafta, said director of consulting company "A-95" Sergey Kuiun. "To sell oil at market prices - so pump up profits Ukrnafta, where Privat no full control. In addition, the need to share with other shareholders, in what no one"s interest," - he said.
Ukraine imported in January, 2.7 billion cubic meters. m gas
Sales of new cars in the U.S. rose in January, GM and Ford among the leaders
Lending to the population decreased 10
"United Russia" is ready to send Sergei Mironov resign over remarks about Putin
Quotes of depositary receipts for shares of Russian companies in the U.S. indicates continued growth in the "blue chips"
Almost all the blue chips are in the "green zone": "Gazprom" (0,6%), Rosneft (1,41%), Norilsk Nickel (0,46%), Sberbank (0,31 %)
Afternoon drive for purchases on the Russian market for several pougasnet, which may lead to the closure of the morning break up
It is unlikely that employment data from ADP and ISM Non-manufacturing will be able to prevent the Russian market again today to close a good growth
Today, an obstacle to the "bulls" will be the mark of 1,447 points, but a goal - 1460 points on the MICEX Index
