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

 

follow us in feedly



Popular photos


Most popular

China's Dream, and the New World Order
China's Dream, and the New World Order
The recent formation of the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) is only part of a larger concerted effort by China to realize its "China's dream." What does...
NATO's prime objective is to suppress the Russians
NATO's prime objective is to suppress the Russians
The number of NATO drills near Russia's borders has grown from 90-95 to 150 a year. NATO reconnaissance aircraft have started flying 9 times more often. NATO's activities are anti-Russian in their...
Система Orphus