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Keyword: yuganskneftegaz

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  • Cold Hand Of KGB Haunts Oil-Rich Wasteland

    06/21/2006 6:40:33 PM PDT · by blam · 7 replies · 481+ views
    The Telegraph (UK) ^ | 6-22-2006 | Adrian Blomfield
    Cold hand of KGB haunts oil-rich wasteland By Adrian Blomfield in Nefteyugansk (Filed: 22/06/2006) Even by the desolate standards of Siberia, Nefteyugansk is a forbidding place. Last winter temperatures sank as low as minus 58 Celsius. Summer brings with it a sapping humidity, melting the ice and turning the area into a vast, mosquito-infested swamp. No one in his right mind would want to live in Nefteyugansk. Indeed, until the 1970s, no one apart from the local Khanti people did. Yukos is now owned by Rosneft Yet this stretch of Siberian marsh is now perhaps Russia's most valuable piece of...
  • The Money Trail Leading to Yugansk

    06/06/2005 4:36:04 AM PDT · by Tailgunner Joe · 1 replies · 188+ views
    The Moscow Times ^ | June 6, 2005 | Catherine Belton
    A large chunk of the cash state-owned Rosneft paid for its acquisition of Yukos' main production unit, Yuganskneftegaz, may have been initially transferred from the Federal Treasury, Vedomosti reported Friday, citing a series of transactions shown on a database that purports to be from the Central Bank. If the contents of the database are true, the data may indicate what many market watchers have believed for some time: that Rosneft did not immediately pay for Yugansk, but instead first borrowed money from the government in what looks like an insider deal. If true, the disclosures appear to show that even...
  • Investors smell a rat in Kremlin's Gazprom plan

    05/22/2005 3:58:07 PM PDT · by Tailgunner Joe · 219+ views
    Reuters ^ | May 20, 2005 | Elif Kaban
    MOSCOW (Reuters) - The emerging markets event of the year -- the opening up of share trading in the world's largest gas producer Gazprom -- is likely to be only partial and may be some time off yet, fund managers and analysts warned on Friday. Gazprom (GAZPq.L: Quote, Profile, Research) this week said existing curbs on foreign buying of its stock will go by the end of the year after the state gets a controlling stake via a cash buyback of Gazprom treasury stock. The latest plan, which sparked a jump in the share price, replaced an ill-starred attempt to...
  • Dresdner Bank releases Yukos documents

    10/18/2004 4:47:04 PM PDT · by struwwelpeter · 16 replies · 850+ views
    Novaya Gazeta ^ | October 18th, 2004 | Aleksey Polukhin, Sergey Mikhalych
    Original title:PLUG THE FOUNTAIN!THE MARKET ECONOMY IN RUSSIA IS NO MORE Dresdner Bank sends Yukos documents to Novaya Gazeta                     The 'Yukos affair' has reached its culmination. The government's attempt to cover up the opinions of western businessmen during their de facto nationalization of the company has resulted in an international scandal.        The result is that Russia has lost her business standing, including her ability to attract investment. She has demonstrated to the entire world that the laws of the marketplace do not take precendence to the political and personal interests of those who consider themselves the government.        The...