The Russian Fund For Federal Property Is Selling Orenburgneft Stocks

The Russian Fund for Federal Property (RFFP) is selling 0.13% of Orenburgneft, according to the managing company Onako's press service report. The starting price of a package of 115.5 thousand shares has been fixed at $400,000. The bidding applications shall be submitted from January 30 until April 23, the results of the auction will be reckoned on April 26, 2002 in Moscow.