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Foreign groups line up to bid for stake in Rusia Petroleum.
(From Agence France Presse)
International energy groups including US majors Chevron-Texaco and ConocoPhillips and France's Total are among 15 companies pitching to buy a 25.8-percent stake in the Russian oil group Rusia Petroleum, the business daily Vedomosti reported.
In view of the widespread interest, the shares could fetch between 200-500 million dollars (174-435 million uros) for Russian tycoon Vladimir Potanin's Interros holding company which owns them, analysts believe.
Rusia Petroleum holds the operating licence for the Kovytka gas deposits in eastern Siberia where reserves have been estimated at 1,900 billion cubic metres, one of the …
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