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4.1.05

OIL - CHINA's state oil company could get Yukos stake

MOSCOW, RUSIA - CBC Business News - 30 Dec 2004 -- China's state oil company could be offered a 20 per cent stake in the recently auctioned main production unit of former Russian oil giant Yukos .... said the China National Petroleum Corp. could be offered a one-fifth share in a new Russian state company that would be created to control the Yuganskneftegaz unit .... There had been speculation that the unit would become part of Russia's state-controlled natural gas company, Gazprom.

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