Interfax cited Mr Maxim Shevchenko Director of the region's State Property Department as saying that the Khanty-Mansiisk Autonomous District intends to include its stake in OJSC Surgutneftegas in the regional privatization program for 2013-2016.

Mr Shevchenko said since Surgutneftegas stock is quoted on the stock exchange, the privatization procedure will differ from the privatization of other stakes belonging to the Khanty-Mansiisk Autonomous District.

The Khanty-Mansiisk Autonomous District owns 0.004% of Surgutneftegas stock or 1.345 million shares. Last year, the region received RUB 3.124 million in dividends for its shares.

Source - Interfax

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