» 15 October 2004
The Dresdner Kleinwort Wasserstein valuation of Yuganskneftegaz is now said to be "almost $15 bn" after earlier reports of $10.4 bn apparently took account of a substantial investment risk. It is now reported that 77% of the shares could be sold for only $4 bn. Gazprom rather than Surgutneftegazmay become the front-runner to buy the stake.



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