Economy Ministry Forecasts Revenues From Sales Of Gazprom's Non-Core Assets

According to optimistic forecasts of the Russian Ministry for Economic Development and Trade, revenues from sales of non-core assets of Gazprom will make up 9 billion rubles (about $297 million) in 2002. This information was announced by deputy economy minister Andrey Sharonov at a Cabinet briefing today. He noted, referring to Gazprom's head Alexey Miller, that the company's assets amount to a little more than 20 billion rubles ($661 million). In addition, Sharonov reported that Gazprom is going to take credits worth 175 billion rubles (about $5.78 billion) next year.

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