Posted on 02/09/2007 4:16:31 AM PST by Brilliant
MOSCOW (AP) -- U.S. oil company Chevron Corp. has expressed interest in acquiring assets of oil giant OAO Yukos, a Russian bankruptcy official said Friday. Nikolai Lashkevich, a spokesman for Yukos bankruptcy supervisor Eduard Rebgun, told The Associated Press that several international companies had inquired about participating in any auction or selloff of the assets of Yukos, once Russia's largest oil producer.
"The receiver's office has received letters expressing interest in acquiring certain Yukos assets from a number of large international companies, including from the U.S. company Chevron," Lashkevich told AP.
US oil companies that come into these malignant countries and prop up their corrupt economies deserve to be nationalized by the tyrants who run them. Of course, the consumer pays for their losses through jacked up prices at the pump, so there is little financial risk to the oil companies.
Exactly my thoughts. Cheveron will go in and get this working properly only to be thrown out by the country involved.
Chevron has more dollars than sense.
This is why Yukos was nationalized in the first place, to keep its former owner from selling shares to Chevron. Now they'll have to deal with the Kremlin directly.
I would suggest that Chevron pay only as the oil is delivered.
Exxon was going to buy half of Yukos. Not chevron.
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