Date: 6 months ago   Category: Markets

Putin has given to Chechnya the oil company


The president Vladimir Putin has signed the decree on transfer 100 percent of shares of JSC Chechenneftekhimprom (ChNHP) to the Chechen Republic. The document is published on the portal of legal information. It is emphasized that the decision is made according to the offer of the governments of Chechnya and Russia "for development of industrial production in the Chechen Republic and increases in efficiency of use of property" the Chechenneftekhimprom companies. The head of the republic Ramzan Kadyrov has asked the president Vladimir Putin to give Chechenneftekhimprom to Chechnya at the end of 2015, and the offer has been approved. At the end of June, 2016 the prime minister Dmitry Medvedev has excluded ChNHP from the expected plan of privatization for 2014-2016 that actually became the beginning of process of transfer. 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 and more than 500 kilometers of pipelines. It is more than important news in Film of Day Telegram-channel. Subscribe!

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