Chinese May Get Russian Yukos Oil Stake
KAZINFORM quotes BBC News-Booming growth and consumer demand makes China thirsty for oil China's state-owned oil company CNPC may get a 20% stake in Yukos' former oil production unit, Russia's Energy Minister Viktor Khristenko has said.
Yuganskneftegas was sold for $9.4bn to state oil firm Rosneft a week ago to help pay off Yukos' massive tax bill.
Mr Khristenko said that Yuganskneftegas would function as a separate entity and would not be part of a planned merger between Rosneft and Gazprom.
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