Crimea eyes energy firm privatisation

The company logo of Russian natural gas producer Gazprom is seen on an advertisement installed on the roof of a building in St. Petersburg, November 14, 2013.

The company logo of Russian natural gas producer Gazprom is seen on an advertisement installed on the roof of a building in St. Petersburg, November 14, 2013.

Published Mar 14, 2014

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Moscow - Crimea may sell Ukrainian energy firm Chornomornaftohaz to a Russian company “like Gazprom” once the regional authorities take control of it, Interfax news agency quoted a Crimean official as saying on Friday.

“After nationalisation of the company we would openly take a decision - if a large investor, like Gazprom or others emerges - to carry out (privatisation),” Rustam Temirgaliev, Crimea's first deputy prime minister, said.

Earlier this week he said Crimea would take ownership of Ukrainian state companies on its territory, including the region's Black Sea natural gas fields, cementing the region's independence before a referendum on joining Russia on Sunday. - Reuters

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