international magazine
11 / 2005


THE DELAYED FAREWELL
INTERROS SELLS VERKHNECHONSKNEFTEGAZ BLOCKING STAKE TO ROSNEFT



This is the second production asset sold by the company since it announced withdrawing from crude business now only Kovykta stake remains on the company's balance sheets (Interros has been trying to sell its Kovykta stake for some two years). The company assures there is no shortage of offers, but those fall short of Interros commercial interests. The oil&gas industry experts estimate that the company would sell its last asset only after Gazprom's final say on its participation in the project.