Slovakia still in game for Transpetrol buyback

SLOVAKIA still has a chance to buy back a 49-percent stake in crude oil pipeline operator Transpetrol from the Russian firm Yukos, Slovak Economy Minister Jirko Malchárek told the media after returning from a working visit to Russia.

During the trip Malchárek also met with Mikhail Guceriev, the director of the Russneft oil firm that bought the Transpetrol stake from Yukos for $103 million.

The Slovak Antitrust Bureau has already approved the transaction, but the sale has yet to be approved by the Economy Ministry, which can block any sale until April 2007.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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