August 4, 2014 [Forbes Russia] - Summa Group and JSC Transneft are planning to close a deal for the division of assets of OJSC Novorossiysk Commercial Sea Port (NCSP) in late 2014, said Summa board member Marat Shaydaev.
Supposedly, Summa will buy out Transneft’s shares within the deal and become the owner of more than 60% of NCSP, while Transneft will acquire the port’s oil-loading facilities, including LLC Primork Oil Terminal and the Novorossiysk oil area of Sheskharis.
