19 Mar 2010 14:43

Energy Ministry: state should not purchase Lukoil shares from Conoco

MOSCOW. March 19 (Interfax) - The Russian Energy Ministry says it would not be worthwhile for the state to purchase the shares in Lukoil held by ConocoPhillips of the U.S.

"I believe it is not worthwhile," Deputy Energy Minister Stanislav Svetlitsky told journalists. "The company's opinion about state participation - that's their own point of view," he said.

Svetlitsky said he had no information about meetings between the state and Lukoil on the issue.