It doesn’t make sense to dispute the decision not to admit LUKoil to the tender for the Trebs and Titov oil fields, vice president Leonid Fedun said Wednesday. “It’s futile to argue with the state,” he said, adding that this was his personal opinion.
Russia's largest oil company Rosneft has broken off talks with LUKoil to buy its stake in the Caspian Pipeline Consortium (CPC), LUkoil Vice President Leonid Fedun said on Wednesday.
Russia's largest independent oil producer LUKoil is considering listing on the Hong Kong or Singapore stock exchange in 2011, LUKoil Vice-President Leonid Fedun said on Wednesday.
LUKOIL does not plan to use its entire option to buy its shares (11.61 percent) from ConocoPhillips, LUKOIL Vice-President Leonid Fedun said according to RBK.
LUKoil, the country's second-largest oil producer, could use shares it is set to buy back from ConocoPhillips for mergers and acquisitions or simply annul them, vice president Leonid Fedun said Friday.
It doesn’t make sense to dispute the decision not to admit LUKoil to the tender for the Trebs and Titov oil fields, vice president Leonid Fedun said Wednesday. “It’s futile to argue with the state,” he said, adding that this was his personal opinion.
