Spectator on facebook

Spectator on facebook

WikiLeaks documents indicate the US advised Slovakia in buying Transpetrol shares

Confidential diplomatic dispatches that were prepared by the US Embassy in Bratislava, released by WikiLeaks, show that US diplomats secretly helped the previous Slovak government headed by Robert Fico to buy back 49 percent of the shares of the Transpetrol company, the Sme daily wrote on May 17. At that time those shares were owned by the bankrupt Yukos Oil Company, and the US feared they might get into the hands of the Russian state-owned oil company Gazprom, Sme wrote.

Confidential diplomatic dispatches that were prepared by the US Embassy in Bratislava, released by WikiLeaks, show that US diplomats secretly helped the previous Slovak government headed by Robert Fico to buy back 49 percent of the shares of the Transpetrol company, the Sme daily wrote on May 17. At that time those shares were owned by the bankrupt Yukos Oil Company, and the US feared they might get into the hands of the Russian state-owned oil company Gazprom, Sme wrote.

After the Russian government accused Mikhail Khodorkovsky of fraud and started liquidating his Yukos company, Gazprom began gradually absorbing the company’s assets. US representatives may have been afraid that Russia and Vladimir Putin would control all the gas flowing to Europe, Sme wrote, adding that in 2006 the US Embassy in Slovakia hired an oil consultant from Texas and began to advise the Slovak government how to best buy back the former Yukos shares. According to the WikiLeaks documents, an inexperienced Slovak government did not know how much to pay for the shares.

Former Economy Minister Ľubomír Jahnátek (Smer party) rejected the claims about secret cooperation between US diplomats and the Slovak government, the SITA newswire wrote. The contract for purchase of Transpetrol shares between Yukos International UK B.V. and the Slovak Economy Ministry was concluded on March 26, 2009 with a purchase price of $240 million.

The spokesman for the US Embassy, Chase Beamer, said that it was no secret that the US was interested in energy security for Slovakia, offering advisory and consultancy services in many areas, while adding that his statement was not directly related to the issue of the truthfulness of any of the information leaked by WikiLeaks.

Source: Sme, SITA

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

Top stories

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia