YUKOS Will Bear Everything

Russia?s Industry and Energy Minister Viktor Khristenko claimed that the situation with domestic oil major YUKOS will not decrease in investment activities in Russia. Ye stated that at the fourth National Oil and Gas Week.

According to him, YUKOS not only avoided its production halt, but also became the leader in terms of the pace of growth in production. In the event of a change of ownership of YUKOS, the activities of its oil producing subsidiaries will not be affected.

As reported earlier, the Russian Justice Ministry is planning to put a stake in YUKOS' main oil producing subsidiary Yuganskneftegas up for auction, organized by the Russian Federal Property Fund.