Tuesday, January 11, 2005

Indian Authorities Approve Purchase of Yuganskneftegaz Assets

January 10, Indian Government has approved the plans of ONGC state oil-and-gas company to buy part of the Yuganskneftegaz assets, Gazeta.ru reports. This was declared by head of the Indian company Subira Rahu, who had earlier noted that ONGC was in touch with interested parties in Russia, concerning the YUKOS assets.

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