BrestOnline.com: News from Brest, Belarus

30 August 2007
No specific plan for offering petrochemical sector stakes to foreign investors, official says

 

 

There is not yet any specific plan for offering stakes in the country's petrochemical companies in the international stock market, Uladzimir Volkaw, deputy head of the Belarusian State Petrochemical Concern (Belnaftakhim), said at a news conference in Minsk on Wednesday.

"Currently, I cannot name any companies or point the finger at them," he said.

Uladzimir Syamashka, Belarus' deputy prime minister, said this past May that the sale of a stake in the Beltranshaz gas pipeline network to Russian natural gas monopoly Gazprom was the "first serious step" toward the sale of stakes in other Belarusian state-run companies to foreign investors.

He said that the government would put stakes in more Belarusian companies, including petrochemical enterprises, up for sale in the world market toward the end of this year. //BelaPAN

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