MOSCOW, June 21 (RIA Novosti) - Oil company Yukos [RTS: YUKO] is discussing the sale of a 20% stake in what once Sibneft to energy giant Gazprom [RTS: GAZP], the Yukos board chairman said Wednesday.
Gazprom bought more than 75% of stock in oil company Sibneft last year and renamed the company Gazprom Neft in May.
"We have had preliminary contacts with Gazprom on the sale of [our] Sibneft shares but they have failed to produce any results yet," Viktor Gerashchenko said.
Alexander Ryazanov, Gazprom's deputy chief executive, said earlier his company was interested in buying the Yukos stake.