Business Services Industry
ON NOV. 17 GAZPROM, LUKOIL AND ROYAL DUTCH/SHELL CONCERN SIGNED A "MUTUAL AGREEMENT MEMORANDUM" SAYING THEY INTEND TO COOPERATE IN
A&G Information Services, November, 1997
A&G Information Services 11-25-1997 ON NOV. 17 GAZPROM, LUKOIL AND ROYAL DUTCH/SHELL CONCERN SIGNED A "MUTUAL AGREEMENT MEMORANDUM" SAYING THEY INTEND TO COOPERATE IN ROSNEFT PRIVATIZATION. ST.PETERSBURG, RUSSIA. The terms of privatization of the 100%-state-owned Rosneft haven't been fixed yet, but all bidders are already known.
ONEXIMbank intends to act alone at the trades. Berezovsky-controlled companies will also join Rosneft privatization. Rosneft sale will go according to the following scheme: 43% of the 63% to-be-auctioned share will be offered for a special auction. A33.25% stake will be offered for an investment tender. The rest 20% will be auctioned in the end. This was the Property Committee's scenario before the resignation of the Committee...
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