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Rediff.com  » Business » ONGC's Yukos bid in trouble

ONGC's Yukos bid in trouble

Source: PTI
Last updated on: December 15, 2004 18:26 IST
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Russian oil and gas firm Gazprom will not partner India's state-run Oil and Natural Gas Corp in bidding for the subsidiary company of troubled Russian energy giant Yukos.

ONGC may bid for Yukos assets

"We are going alone. The last date of bidding is December 18 and there are issues of creating a consortium in such a short period of time," Gazprom deputy head of international projects, Abubaker Shamuzov, told reporters on the sidelines of a Indo-Iran gas conference in New Delhi.

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