Auction Leaves Yukos in Chaos
By Guy Faulconbridge, Catherine Belton and Valeria Korchagina
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
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