Source Pravda.Ru

Sibneft still bidding for Belarusian stake in Slavneft

The Belarusian State Property Fund has altered terms of selling the Belarusian government's stake in Slavneft, the Belarusian Currency and Stock Exchange told RBC. In particular, the Fund rescheduled the final date of receiving applications from bidders from December 5 to December 11, 2002.

As it was reported earlier, the Belarusian government and the Property Fund are negotiating with Sibneft, which submitted the only application for this stake.

Sibneft is ready to buy shares for $210m, while the Belarusian government insists on $250m at least.

© &to=http://www.rbc.com' target=_blank>RBC

&to=http://www.sibneft.ru/index.shtml' target=_blank>SIBNEFT