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Total may Buy Sibneft Stock
May 7, Total SA, fourth largest oil company, announced it was willing to buy Sibneft shares, if they were put up on the market after the company's demerger from YUKOS.
Since the French Oil Group Total and Sibneft regularly exchange opinions on environment and on business projects, if parts of the stocks of Sibneft appear on the market after the demerger... Total will review the situation,” Total CFO Robert Castaigne mentioned in his interview to the Reuters.
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