Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

Federal reserve to grow if government's stake in LUKoil is sold

07.08.2002 | Source:

Pravda.Ru

 

In the event the sale of the Russian government's share package of LUKoil comes off, the financial reserve of the federal budget for 2002 will amount to RUR178.3bn (around $5.66bn), the Finance Ministry reported to RBC. It was pointed out the Russian government would make another attempt to sell its stake in LUKoil in the first or the second quarter of 2003. As it was reported earlier, the expected sale of the government's stake in the Russian oil company did not take place owing to unfavorable market conditions and was postponed until indefinite date.

©

&to=http://www.lukoil.com' target=_blank>LUKoil

&to=http://www.rbc.ru' target=_blank>RBC

 
| More
737

Popular photos

Most popular

Naval base in Cuba would be Russia's best response to US hawks
Naval base in Cuba would be Russia's best response to US hawks
A new NATO command center will be created near Varna in Bulgaria: 40 commanders, trainers and liaison officers. The decision was made during the visit of US Secretary of State Kerry and NATO Secretary...
How to destroy Europe, in five easy steps
How to destroy Europe, in five easy steps
First, you wait for an opportunity to take part in a European war. That is what US president Woodrow Wilson did in 1917: most of the US people was vehemently against entering the Great War, despite...
Система Orphus