Business Services Industry

RUSSIA: GAZPROM POSITIONS ITSELF TO WIN YUGANSKNEFTEGAZ TENDER.(Brief Article)

IPR Strategic Business Information Database, December, 2004

The Federal Antimonopoly Service announced on 11 December that it has received three bids so far in the 19 December tender for Yuganskneftegaz, the main production subsidiary of Yukos, Interfax reported on 13 December. The three bids are from Gazpromneftegaz, First Venture Company, and Intercom. An unidentified source told the news agency that all three bids "represent Gazprom's interests." Intercom participated with Gazprom on the financing of the Blue Stream gas pipeline deal between Russia and Turkey. Gazprom declined to comment on the report. In November, two Gazprom-affiliated companies submitted bids for a 38.35 percent stake in the Kirovo-Cherepovets Chemical Plant. RBK reported on 14 December that Menatep, the main Yukos shareholder, is calling on banks to...

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