7 Oct 2013 13:32

Former Rosneft VP takes over at Independent Oil Co.

MOSCOW. Oct 7 (Interfax) - The former first vice president at oil major Rosneft , Eduard Khudainatov, has become president at OJSC Independent Oil Company (NNK), the list of NNK affiliates indicates.

Dako Energy Investments, registered in Luxembourg, became the 100% owner of NNK back in August. Cyprus-based Melinko Enterprises, Ltd., owner of 90% of NNK, then disappeared from the affiliates list.

Oil assets in Eastern Siberia near the Eastern Siberia - Pacific Ocean pipeline (ESPO) could be consolidated around NNK.

Khudainatov left Rosneft in late July.