Earlier Yukos borrowed $1bn from a group of banks and used main division Yuganskneftegas to guarantee the loan. Ten lenders including Societe Generale, Deutsche Bank and ING are involved in the loan.
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Rosneft Owes Foreign Banks $1bn
Russian oil company Rosneft refused to pay billion-dollar debts
Russian oil company Rosneft refused to pay billion-dollar debts of Yuganskneftegaz, which had been acquired by Rosneft last December.
State-owned Rosneft bought Yuganskneftegaz, a key oil production unit of Yukos in a forced state auction. Now it says that any debts should be recovered from Yukos.
Earlier Yukos borrowed $1bn from a group of banks and used main division Yuganskneftegas to guarantee the loan. Ten lenders including Societe Generale, Deutsche Bank and ING are involved in the loan.
Earlier Yukos borrowed $1bn from a group of banks and used main division Yuganskneftegas to guarantee the loan. Ten lenders including Societe Generale, Deutsche Bank and ING are involved in the loan.
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