Yuganskneftegaz won&#39;t be able to repay extraction tax on time ...
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Moscow. (Interfax) - Yukos&#39;s key production unit Yuganskneftegaz for now will not be able to fulfill the Natural Resources Ministry&#39;s claim and repay its debt on the mineral resources extraction tax, Yukos CEO Steven Michael Theede told Interfax.
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RBC, 30.12.2004, Moscow 16:41:14.YUKOS regards today&#39;s statement about the plans concerning Yuganskneftegaz as an effort of several people connected with Gazprom and Rosneft to escape legal responsibility for the unlawful selling of YUKOS&#39; main production
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Beleaguered Russian oil giant Yukos on Monday faces a court-imposed deadline to pay a multi-billion dollar tax bill. Yukos has been ordered to pay $3.
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The Russian oil company, Yukos, continued its legal battle with the Russian government in two-thousand-four. The government reported this year that Yukos owed more than twenty-seven thousand million dollars in taxes.
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By putting Yugansk on the auction block the government is seeking to claw back part of a massive $27.5 billion (14.2 billion pound) back tax.
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Russia pledged on Friday to ignore a US court ban on the looming auction of oil giant Yukos&#39; key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was
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Yukos won a stay of execution when a Russian official said its main production unit will have three months to scrape up cash to cover a crushing tax bill that could otherwise bury the wounded oil giant.
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3 September 2004 -- Russia&#39;s tax authorities have given Yukos another bill for back taxes that is higher than the oil company expected.
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Russian oil major YUKOS denied on  Wednesday reports it planned to sell its Lithuanian refinery  Mazeikiu Nafta to help cover its huge back tax bill.
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Russian oil company Yukos said yesterday it would be able to cover only half of its $3.4 billion back tax bill by its deadline at the end of August but it would continue making payments in September.
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Russia&#39;s giant Gazprom gas company does not plan to buy any assets from the Yukos oil company if they are sold, Gazprom&#39;s CEO said Tuesday.
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Yukos warned yesterday that it is no longer able to pay staff wages and that oil production could stop any day. The latest problems to beset Russia&#39;s biggest oil company sent the price of crude racing ahead again on the global markets.
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Reports of a new tax claim dealt a blow to Yukos on Monday, as the embattled oil major announced it would cut this year&#39;s oil output forecast and defer certain tax payments because of a lack of cash.
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MOSCOW Oct. 8, 2004 - The main production unit of Russian oil giant Yukos will be given three months to correct violations on most of its drilling licenses before authorities consider whether to revoke them, the Interfax news agency reported Friday.
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Yukos' main shareholder said it had filed a complaint to block the sale of the oil company's key production unit to settle tax claims, a move it said would amount to expropriation.
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Moscow. (Interfax-China) - The assets of Yuganskneftegaz, the core production unit of Yukos sold at an auction on December 19, will be transferred to a separate, wholly state-owned company, the Russian Industry
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The main asset of Yukos, the crippled Russian oil company, will not be integrated into Gazprom, the state gas monopoly, but remain as a separate state-controlled group, the Russian government said yesterday.