Russia plans sale of Yukos production unit

The Russian government plans to sell a majority stake in the main production unit of the embattled Yukos oil company at an auction on December 19, the Interfax news agency reported today.

Russia plans sale of Yukos production unit

The Russian government plans to sell a majority stake in the main production unit of the embattled Yukos oil company at an auction on December 19, the Interfax news agency reported today.

The report appeared to confirm that the state intends to sell off the Yuganskneftegaz unit against Yukos’ multibillion back-tax debt to the government.

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