10.12.2004 - Lukoil brings down prices on the refined products market, and Putin hopes other oil majors will follow suit
The Russian petroleum major Lukoil is taking measures to bring down prices on the refined products market, and President Vladimir Putin hopes other oil majors will follow suit.
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10.12.2004 - Several bidders want Yuganskneftegaz
Several applications for examining the possibility to participate in an auction on selling Yuganskneftegaz have been submitted to the Federal Anti-Monopoly Service (FAS), its head Igor Artemyev told journalists today. Responding to a question if there were other applications besides the letter submitted by Gazpromneft he said "I know that there are several of them."
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10.12.2004 - Gazpromneft to take part in Yuganskneftegaz tender
The board of directors of Russia’s natural gas monopoly Gazprom has approved participation of the Gazpromneft company in the auction on the sale of 76.79 percent of shares of the main production subsidiary of YUKOS – Yuganskneftegaz.
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10.12.2004 - Court upholds charges against YUKOS lawyer
The Moscow City Court upheld a verdict of a lower court that was the reason for filing a criminal case against YUKOS lawyer Dmitriy Gololobov. Earlier Gololobov told RBC that charges had been filed against him in connection with the so-called "case of the Eastern Oil Company."
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10.12.2004 - Russia likely to sign agreement in January 2005 with Paris Club on early debt payment
The Russian Federation may work out an understanding as early as next January with the Paris Club of Creditors on early repayment of its debt to the club, said Finance Minister Alexei Kudrin in response to a question asked by an Interfax reporter on Thursday.
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10.12.2004 - Disputes in the field of telecommunications
Misfortunes once again strike one of the largest mobile phone operators "VympelCom", also known as "Beeline."
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09.12.2004 - Russia’s gold, forex reserves at $121.6 bln on December 3
Russia’s gold and foreign currency reserves were at $121.6 billion on December 3, up from $117.1 billion on November 26, the Central Bank said in a press release Thursday.
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09.12.2004 - Russia pays debts to IMF
Russia has paid EUR22.373m in debts to the International Monetary Fund today. This is the first payment this month and it has been made in accordance with the payment schedule. On the whole, Russia is to make four payments totaling about USD151m (100m SDRs) in December. According to the schedule, money will be transferred on December 17, 27 and 29.
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09.12.2004 - Gazprom intends to borrow over $10 billion from foreign banks to purchase Yukos’s main production unit
Gazprom is now in talks on taking a syndicated $10 billion loan, a top manager at a foreign bank involved in the transaction told Vedomosti. The transaction will be managed by six banks: ABN AMRO, BNP Paribas, Calyon, Deutsche Bank, Dresdner Kleinwort Wasserstain and J.P.Morgan, he said. The loan organizer is Deutsche Bank and now it is discussing terms with Gazprom’s management.
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09.12.2004 - Will "Yukos" ever pay the debt?
717 billion 897 million 747 thousand 905 rubles 55 kopeks
"Yukos" and its subsidiaries owe government lots of money. This fact is undisputable.
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