Prior notification of a concentration (Case COMP/M.3288 — TNK-BP/Sibneft/Slavneft JV) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2003-11-29
Institutions: European Commission
Subjects: agro-industry, aluminium, coal, economic concentration, merger control, oil industry, service, solar energy

C 288/4

EN

Official Journal of the European Union

29.11.2003

Prior notification of a concentration

(Case COMP/M.3288 — TNK-BP/Sibneft/Slavneft JV)

Candidate case for simplified procedure

(2003/C 288/04)

(Text with EEA relevance)

On 20 November 2003 the Commission received a notification of a proposed concentration
1.
pursuant to Article 4 of Council Regulation (EEC) No 4064/89 (1), as last amended by Regulation (EC)
No 1310/97 (2), by which the undertaking TNK-BP, controlled by BP plc (‘BP’, United Kingdom), Alfa
Finance Holdings SA (‘Alfa’, Luxembourg), Access (‘Access’, USA) belonging to the AI Petroleum Holdings
LCC, and Renova (‘Renova’, Bahamas), together with the undertaking Sibneft (‘Sibneft’, Russia) acquire
within the meaning of Article 3(1)(b) of the Regulation joint control of the undertaking Slavneft (‘Slavneft’,
Russia), by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

— TNK-BP: exploration, production, refining and marketing of crude oil and natural gas, trading of crude
oil and refined products, production and marketing of refined products, petrochemicals and lubricants,

— BP: exploration, production and marketing of crude oil and natural gas, refining, marketing, supply and

transportation of oil, petrochemicals and related products, solar energy,

— Alfa:

interests in oil, commercial
insurance, retail trade and food processing,

investment banking, commodities trading,

telecommunication,

— Access: interests in oil, aluminium, coal, banking and telecommunication,

— Renova: interests in oil, aluminium, coal and banking,

— Sibneft: crude oil and natural gas exploration, production, refining and marketing, petrochemicals,

— Slavneft: exploration, production and refining of crude oil and marketing and supply of oil and refined

products.

On preliminary examination, the Commission finds that the notified concentration could fall within
3.
the scope of Regulation (EEC) No 4064/89. However, the final decision on this point is reserved. Pursuant
to the Commission Notice on a simplified procedure for treatment of certain concentrations under
Regulation (EEC) No 4064/89 (3), it should be noted that this case is a candidate for treatment under
the procedure set out in the notice.

The Commission invites interested third parties to submit

4.
proposed operation.

their possible observations on the

Observations must reach the Commission not later than 10 days following the date of this publication.
Observations can be sent by fax (No (32-2) 296 43 01 or 296 72 44) or by post, under reference
COMP/M.3288 — TNK-BP/Sibneft/Slavneft JV, to:

European Commission,
Directorate-General for Competition,
Merger Registry,
J-70,
B-1049 Brussels.

(1) OJ L 395, 30.12.1989, p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13.
(2) OJ L 180, 9.7.1997, p. 1; corrigendum: OJ L 40, 13.2.1998, p. 17.
(3) OJ C 217, 29.7.2000, p. 32.