Spectator on facebook

Spectator on facebook

IN SHORT

Slovakia wants to discuss Transpetrol

SLOVAKIA wants to recover its shares in Slovak oil distribution company Transpetrol from Russia, the daily SME reported.

Russian oil company Yukos bought 49 percent of Transpetrol in 2001 in a privatization sale. However, after the arrest of former Yukos president Mikhail Khodorkovsky, the Kremlin took control of the Russian oil giant.

Slovak Economy Minister Jirko Malchárek contacted the Slovak Ambassador in Moscow on October 7. "In a few days we will have a scenario for how to start negotiations officially [with Russia]," said Malchárek.

There are several ways to solve the situation. Slovakia might buy back the Transpetrol shares, or agree with the sale of the stake to a third firm. Russian president Vladimir Putin said in Bratislava in February that Tartar oil company Tatneft could be a buyer.

A unilateral cancellation of the privatization deal by Slovakia represents a third option.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovak women scientists prove that science is not just for men

I grew up with the conviction that science belongs to men, said one awarded Slovak scientist.

Mariana Derzsi and Andrea Straková Fedorková

Five years after the Moldava raid, the victims have turned into perpetrators

June 19 marks the fifth anniversary of the brutal and much-discussed raid in the Roma settlement; and it points to five of those beaten being charged with perjury.

Moldava nad Bodvou

The UK is not cutting off its own hand, it is holding it out

It is not rational to behave towards the UK as if it posed a security risk to the EU.

Illustrative stock photo

Welcome to Slovakia?

Following Henry Acorda’s horrific killing, businesses need to stand up.

June 8 gathering in Bratislava