Lukoil unsure of participation in auction for Yukos assets |
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Tue, 20 Feb 2007 16:59
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MOSCOW (AFX) - Lukoil said it is not yet sure whether it will participate in the auction of certain assets that belonged to bankrupt oil company Yukos.President Vaguit Alekperov said the company has yet to take a decision on the subject, according to a report from Russian news agency Interfax-Ani.'We have not yet put our name forward. And for the time being, we do not know if we are going to,' he said.Russian groups Gazprom, Norilsk Nickel and Itera have expressed an interest in Yukon's former assets, along with Chevron in the US and a consortium comprising Italy's Eni and Enel.The auction is set to take place next month.Yukos was declared bankrupt on Aug 1 last year. Founder Mikhail Khodorkovsky was sentenced to nine years in jail in May 2005 on charges of fraud and tax evasion.Alekperov also revealed Lukoil paid 400 mln usd for a network of 376 Jet brand petrol stations in Europe sold by US petrol group ConocoPhillips. The stations are located in Belgium, the Czech Republic, Slovakia, Poland, Hungary and Finland.It expects this sale, which was agreed in principal in December, to be finalised in the second quarter of this year after it was approved by antimonopoly authorities.newsdesk@afxnews.comafp/ms1/lamCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Chevron among several intl cos interested in Yukos assets - receiver UPDATE 