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Russian Government Afraid To Sell Too Cheep

Russia's government has not yet decided when it will sell its stake in LUKoil

Russian Government Afraid To Sell Too Cheep

Russia?s government has not yet decided when it will sell its 7.6%-interest in LUKoil, but the Economic Development and Trade Ministry has already made its own plan, according to economy minister German Gref.

Russia?s Prime Minister Fradkov will chair a meeting next week to determine the government's stance on the issue, Gref said, and then all details about the sale will be given.
It is thought the sale of the last government-owned 7.6% of the oil major will be one of this year's largest privatizations.


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