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23 September 2021 The on-line newspaper devoted to the world of transports 05:09 GMT+2



December 21, 2004

Auction Leaves Yukos in Chaos

By Guy Faulconbridge, Catherine Belton and Valeria Korchagina
Staff Writers

Yukos warned on Monday that oil production was starting to decline after its key production unit was sold off to an unknown shell company in a government auction.

Investors expressed shock at the bizarre proceedings at Sunday's sale, in which a company called Baikal Finance Group made off with Yuganskneftegaz for $9.37 billion ......
Read more on TheMoscowTimes.com







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