Spoiled For Choice

April 2006 | Company News Alert

Investors in the Russian oil and gas sector have been faced with limited options over the past few years. The original favourite, Yukos, imploded in a spectacular fashion. More international institutions were overweight Yukos than any other Russian oil stock prior to the enforced dismemberment of the company. Sibneft, another popular choice among western fund managers, was originally about to become part of Yukos and ultimately disappeared into the jaws of Gazprom. Lukoil has at least been consistent and is therefore the so-called 'red chip' Russian investment vehicle. Gazprom shares under the old system were barely worth owning and entitled

If you would like to subscribe to Emerging Europe Oil and Gas Insight and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Emerging Europe Oil and Gas Insight please click on the trial link below.