international magazine
05 / 2007

Rosneft swallows Yukos
The state has recovered the ownership of Mikhail Khodorkovsky empire

The sale of Yukos assets is finally over. As was expected, Rosneft carved out the juiciest assets of Yukos, which instantly propelled the state-owned oil company to the top ranks by volume of reserves, production levels and refinery runs. Interestingly, Rosneft could well get the assets it didn't bid for during the auctions on selling the assets of beleaguered oil company.