Analysts believe that Yuganskneftegas is likely to be bought up by a government-backed firm, effectively bringing a large chunk of Russia's lucrative oil and gas industry back under state control.
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Russian Govt Demanded More Money From Yukos
Yukos would challenge the tax claim against its unit in court
The government of Russia has demanded a further $10 billion in back taxes from the beleaguered oil giant Yukos.
A Yukos spokesman said that the Company?s main oil unit, Yuganskneftegas, had been issued with a $3.4 billion tax demand, and Yukos would challenge the tax claim against its unit in court, because it had acted within the bounds of the law.
Analysts believe that Yuganskneftegas is likely to be bought up by a government-backed firm, effectively bringing a large chunk of Russia's lucrative oil and gas industry back under state control.
Analysts believe that Yuganskneftegas is likely to be bought up by a government-backed firm, effectively bringing a large chunk of Russia's lucrative oil and gas industry back under state control.
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