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News // Oil and gas worldwide

Privatization of the SLAVNEFT Oil Company Not Approved

22 February 2001 , 14:00501
The parliamentary Meeting of the Russsian and Byelorussian Union issued the decree about the prohibition of privatization of the joint Russian-Byelorussian companies, including the SLAVNEFT Oil-and-gas Company.
74% of the shares the SLAVNEFT Company belongs to the RF Government, about 11% - to the government of Byelorussia, the rest ? to the private owners.
The Byelorussian party had always been against the privatization of this company, which provides the country with petroleum products.


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