"OIL-AND-GAS VERTICAL", March 24, 2005

The government isn’t going to privatize “Zarubezhneft” JSC.

The government isn’t going to privatize “Zarubezhneft” JSC. This information was released by the chairman of Ministry of the State Assets of Russian Federation (Rosimuschestvo) Valery Nazarov. According to his words, the Company won’t be included in the share holding of “Rosneft”, which is going to be affiliated to “Gazprom” JSC.

(The material is provided by “Oil and Gas Vertical” dtd March 24, 2005).