Yukos To Sell 49% Stake In Transpetrol To Slovak Govt

Yukos To Sell 49% Stake In Transpetrol To Slovak Govt
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Τρι, 11 Μαρτίου 2008 - 05:16
Netherlands-based Yukos Finance B.V., a former unit of dismantled Russian oil firm OAO Yukos, is in talks to sell a 49% stake in oil pipeline operator Transpetrol to the Slovakian government, Vedomosti daily reported Tuesday.
Netherlands-based Yukos Finance B.V., a former unit of dismantled Russian oil firm OAO Yukos, is in talks to sell a 49% stake in oil pipeline operator Transpetrol to the Slovakian government, Vedomosti daily reported Tuesday.

The paper said Slovakia's Economy Minister Lubomir Janatek met with former Yukos managers last week to discuss the sale. Transpetrol is currently 51% owned by the Slovak government.

Yukos bought the Transpetrol stake from the Slovakian government in 2002 for $74 million, and may sell the asset for between $130 million and $160 million, the paper said.

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