Russia’s Bashneft eyes upstream acquisitions

摘要

Moscow—Bashneft, Russia’s eighth-largest oil producer, is to consider buying upstream assets in 2012 to better balance its portfolio between E&P and refining, Bashneft President Alexander Korsik said December 8. “We have certain [acquisition] plans but whether they will materialize depends on the outcome of our negotiations,” Korsik said during a conference call on the company’s thirdquarter results.