13 Sep 2010 17:34

Oil co Bashneft says mulling upstream acquisitions

MOSCOW. Sept 13 (Interfax) - The Sistema holding's Bashneft oil producing unit is thinking of acquiring upstream assets, Bashneft's president, Viktor Khoroshavtsev, said during a conference call.

"Upstream acquisitions are quite possible. Talks are under way," Khoroshavtsev said.