BELARUS NEWS AND ANALYSIS

DATE:

01/08/2008

RPT-Belarus in talks with Rosneft, LUKOIL to sell plants

MINSK, Aug 1 (Reuters) - Belarus is discussing the privatization of Naftan oil refinery and Polimir petrochemical plant with Russian oil majors Rosneft (ROSN.MM: Quote, Profile, Research) and LUKOIL (LKOH.MM: Quote, Profile, Research), Belarus first deputy Prime Minister said on Friday.

"We are in talks on Naftan and Polimir with Rosneft and LUKOIL. The investor must have feed stock to supply the plants and markets to sell production. LUKOIL might become a wonderful partner," Vladimir Semashko told a briefing.

(Reporting by Andrei Makhovsky, writing by Tanya Mosolova, editing by Robin Paxton)

Source:

http://in.reuters.com/article/asiaCompanyAndMarkets/idINL035079120080801

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