Russian oil major Rosneft will buy a 49% stake in Petrocas Energy
Group controlled by billionaire Davis Iakobachvili, Rosneft said on
Monday.
Petrocas Energy Group has a network of filling stations in Georgia,
Armenia, Azerbaijan and Kazakhstan. The group also possesses two oil
terminals in Georgia.
Rosneft and Petrocas Energy Group will establish logistics, retail joint venture in South Caucasus.
(itar-tass.com)