The auction for the sale of 11.66% of the Sakhalin Energy Company's management Company is scheduled for July 10

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AK&M 25 May 2023 18:20

The auction for the sale of 11.66% of the Sakhalin Energy Company's management Company is scheduled for July 10. Applications are accepted until June 30. The initial price of the package is 989 million rubles. This is reported by Rosimushchestvo.

This is not the first attempt to sell shares of the SEC. The auction scheduled for December 22, 2022 was declared invalid due to the lack of bids, on October 7, 2022, the sale by public offering was also declared invalid due to the lack of bids.

Sakhalin Energy Company was established in 2009 to implement investment projects in the field of energy within the framework of state programs of the Russian Federation and the Sakhalin region. The main type of economic activity of the SEC is the leasing of its own property.