Gazprom, Rosneft to finalize merger this month

01/10/2005
The merger of OAO Gazprom and OAO Rosneft is expected to be finalized early this year, and the assets of OAO Yukos unit Yuganskneftegas will not be involved in the initial consolidation as was earlier reported, a Russian official said.Russian Industry and Energy Minister Viktor Khristenko posted a commentary on the ministry's web site Dec. 30 addressing news reports that the merger would be delayed. Kristenko also suggested that a Chinese company might buy into Yuganskneftegas, but one analyst told OGJ that he doubts that will happen.Previously, Russian Economic Development and Trade Minister German Gref told reporters that the Gazprom-Rosneft merger would be delayed temporarily (OGJ ...
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