Rus News Journal

Ukraine will sell actions " Ukrnefti "

Ukraine plans to sell a controlling interest of the largest oil-extracting company " Ukrneft " in the second half of the year 2003.

as the correspondent " passes; News " it on Friday in Kiev was declared to journalists by the vice-president of Fund of the state property of Ukraine Michael Chechetov. As he said, 2 sale the package of 50 percents plus 1 action which cost can reach 2 mlrd grivnas/ about 370 million dollars/ will be offered.

According to Chechetova, 4 successful privatisation of the oil-extracting company it is necessary to accept " the co-ordinated decision of parliament and the government ".

" Ukrneft " annually extracts 3 million tons of oil - about 75 percents of oil and the gas condensate, extracted in the country.