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Russian Oil Firm Buys Yukos Bid Winner

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Russian Oil Firm Buys Yukos Bid Winner

Business

Russian Oil Firm Buys Yukos Bid Winner

Russian Oil Firm Buys Yukos Bid Winner

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  • <iframe src="https://www.npr.org/player/embed/4242205/4242206" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Russia's state-owned oil company buys the mysterious front company that won an auction for the key production unit of embattled oil giant Yukos. The move effectively nationalizes one of the country's largest oil production units. Hear NPR's Renee Montagne and Michael Harrison of the Independent.

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