24 February, 1998 - 00:00
Russia's Lukoil oil company is likely to take part in the privatization of Ukraine's LINOS oil processing open stock company, a source close to oil company management reported that to the Agency for Oil Information. The State Property Fund earlier announced a 40% LINOS stock package would be offered for non-commercial sale at the fixed price of Hr 60 million or $30.9 million. LINOS board chairman Vaicheslav Lobach announced at a February 10 press-conference in Lysychansk, Russian oil companies are preferable as strategic investors. "I would like to see Lukoil as an investor," he noted.
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