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free demo slot games Petrocas Announces Acquisition of Rosneft's Minority Stake in the Group

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Petrocas announces closing of a transaction entered into May 11, 2022, on acquisition of a 49% minority stake of Rosneft Oil Company in Petrocas Energy Group by the Founding Managing Partner and CEO of the group – Vano Nakaidze.


As a result of the transaction, Rosneft exited completely its equity position in demo game Petrocas Energy Group and two of its board representatives resigned from their directorship positions. 


In December of 2014, demo game Petrocas Energy Group and Rosneft Oil Company created Joint Venture in which Rosneft acquired a 49% minority stake.


Since its creation in 2010, demo game Petrocas Energy Group has been involved in oil products trading, retail & aviation fuel distribution and logistics business of oil products in the Black Sea, South Caucasus, Caspian and Eastern Mediterranean regions.

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