Word: yukossibneft
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...goal, but analysts see no other options besides grabbing chunks of Yukos. But that may only be the first step, a senior Russian cabinet official tells Time. Next, he says, Rosneft may mount a takeover bid against Slavneft. Russia's seventh-largest oil company is now co-owned by YukosSibneft and TNK-BP, a Russian-British holding company. But with Sibneft slowly unwinding its merger with the embattled Yukos, Sechin-led Rosneft may be in the best position to buy Sibneft's stake in Slavneft. "If Sechin can pull it off, and if he sorts it out with BP," Delyagin...
...will presumably welcome Russia’s efforts to diversify America’s oil supply. A potential stumbling block arises, though, in that the main orchestrator of the Murmansk project is Putin’s political nemesis, Mikhail Khodorovsky. Chairman of YukosSibneft and expected presidential candidate in March, Khodorovsky has been a motivating force in the industry’s drive to expand west. Given President Bush’s effusive rapprochement with Putin after Sept. 11, this places the U.S. in a tough spot: backing the project could give Khodorovsky a boost and undermine Putin?...
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