At the end of February - at the beginning of March 2003, the Executive Board of Russia's gas giant Gazprom will discuss an increase in its stake in the Siberian Ural Oil and Gas Petrochemical Company (SIBUR) from 51 to 85 percent, the petrochemical holding reported to RBC. On February 12, SIBUR's Board of Directors adopted the decision to convert its debt to Gazprom, in shares. Eventually, Gazprom will be owner of 85 percent in SIBUR against the current 51-percent stake.
The current volume of SIBUR's debt to Gazprom amounts to RUR31.6bn (about $998.25m). According to the 2003-2010 business plan, adopted at yesterday's meeting of SIBUR's Board of Directors, the petrochemical company is to pay to Gazprom RUR49.2bn (about $1.55bn), interest on the debt and dividends taken into account.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part