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23 September 2021 The on-line newspaper devoted to the world of transports 04:52 GMT+2

December 1, 2004

Gazprom to Bid for Yuganskneftegaz

By Guy Faulconbridge and Valeria Korchagina
Staff Writers

Gazprom will bid for Yuganskneftegaz as the Kremlin forges a massive state-controlled oil and gas major to include Yukos' main production unit.

The gas giant's new oil unit, Gazpromneft, will bid for Yuganskneftegaz, building up oil production to compete with major world energy companies such as ExxonMobil, BP and Royal Dutch/Shell Group, Gazpromneft general director Sergei Bogdanchikov said Tuesday ......

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