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State wants Transpetrol shares back despite Yukos problems--Fico.

Europe Intelligence Wire

| November 05, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Czech News Agency)

Bratislava, Nov 5 (CTK) - A buy-back of a minority stake in Slovak oil transporter Transpetrol, controlled by Russia's Yukos through its Dutch unit Yukos Finance, is being complicated by problems concerning the Russian company's bankruptcy, Slovak PM Robert Fico said on Slovak Radio on Saturday. He confirmed that getting the shares back was the country's priority despite the difficulties. Fico said that the price of the 49 percent stake hovered around $130m (some Sk3.7bn) at that moment. In 2002, the then government sold the stake at $74m. Slovak President Ivan Gasparovic and his Russian counterpart Vladimir Putin should discuss a possible …

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