Changes in YUKOS ownership not to affect gas prices
RBC, 08.08.2006, Moscow 14:09:33.The change in proprietorship after a potential sell-off of YUKOS assets, including its oil refineries, will not trigger a rise in gasoline prices, Moscow Fuel Association President Yevgeny Arkusha told a press conference in the Russian capital today. According to him, the handover of YUKOS assets, its filling stations in particular, to a new owner, will have no effect on gasoline prices, because "the number of filling stations and refined oil products will remain the same."
YUKOS refineries are expected to process 18.9m tonnes (137.9m barrels) of self-produced oil. Sales of refined products on the domestic market are estimated to rise 1 percent to 16.4m tonnes, and fall 47 percent on foreign markets to 1.5m tonnes (11m barrels). |