RusEnergy

01.03.2006 14:15 [Neftegaz.ru] - Russia's diamond giant ALROSA has acquired 50.4% interest in oil company Sakhaneftegaz on 6th February, 2006. Sakhaneftegaz is not engaged in any independent production activity and is a holding company that owns controlling stakes in a few oil & gas companies in Sakha (the republic of Yakutia), including 92.6% in Gazprom's unit Yakutgasprom and 85.5% in Lenaneftegaz. The controlling stake in Sakhaneftegaz was acquired from structures close to BIN Bank. ALROSA’s financial advisor in this transaction was TRUST Investment Bank.