YUKOS asset sale: paper names panel fixing the price
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The top price Gazpromneft will pay for a 76.79 percent stake in Yuganskneftegaz will be set by four government representatives, Vremya Novostei newspaper reported, quoting a source close to the Gazprom board of directors.
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The Russian Government is going ahead with the sale of a large part of oil giant Yukos in order to recover an $18 billion tax debt.
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YUKOS and its investors were left  guessing as to Russia's next move Monday after its main oil  production unit was sold off to Baikal Finance Group, a mystery  firm registered in a provincial city.
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RBC, 27.09.2004, Moscow 15:49:32.YUKOS&#39;s assets should be sold for about $15bn, Ivan Materov, Deputy Minister for Industry and Energy of the Russian Federation, said at an economic conference &quot;Russia: investments in the economy of growth&quot;.
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An independent assessor valued Yukos&#39; main production unit at $14.7 billion to $17.3 billion on Thursday, the same day a news agency reported that a controlling stake in the business could be sold for just over $4 billion.
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MOSCOW : Russia&#39;s justice ministry announced plans to sell a part of the Yukos oil giant to cover the company&#39;s outstanding back taxes.
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MOSCOW: Foreign investors may take part in the sale of assets in Russian oil major Yukosâ main production unit, which could be offered at a 60% price discount to settle back taxes, Russian television reported on Monday.
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Top Russian oil exporter YUKOS  threatened to escalate its legal battle abroad on Tuesday as  the mystery surrounding the buyer of its core asset began to  lift with newspapers linking it to Russia's No. 4 oil firm,  Surgutneftegaz.
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Some of YUKOSâs assets will be sold through the Russian Federal Property Fund, the Justice Ministryâs Main Department in Moscow said on Tuesday.
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The board chairman of OAO Yukos said the oil company's core shareholders might sell their controlling stake, a newspaper reported Tuesday.
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The newly-created oil unit of Russian gas monopoly OAO Gazprom, Gazpromneft, will take part in the auction of the embattled Yukos oil company&#39;s largest unit, Yuganskneftegaz, Dow Jones NewsWires reported Tuesday, citing the news agency Prime-Tass.
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Moscow. (Interfax) - The start price for common shares in Yukos production subsidiary OAO Yuganskneftegaz at auction may be the same as the debt owed by Yukos, a source familiar with a draft agreement between
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country's notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season's greetings to the Kremlin from his courtroom cage.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS despite a U.S. bankruptcy court decision to block it for  several days.
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Bankrupt Russian oil major YUKOS (YUKO.RTS: Quote, Profile, Research) on Tuesday said it would place ads in newspapers worldwide declaring its intention to seek damages of over $20 billion from parties involved in the sale of
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The Russian Federal Property Fund announced on Friday, November 19, that the auction to sell the shares of Yuganskneftegaz, the main production subsidiary of embattled Yukos Oil Company will take place on December 19.
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MOSCOW  - Assets of Russia's beleaguered Yukos oil company should be sold for at least &#36;15 billion US, a senior official said Monday, as the company's main production unit is evaluated for sale against a crushing back-tax bill.