REUTERS
The auction on June 18 failed due to the lack of interest.
The starting price of a 40.2174% stake in private joint-stock company Gastransit (Kyiv), which was confiscated from Russia's Gazprom, has been reduced by 25% from UAH 630.75 million (US$24 million) to UAH 473.061 million (US$18 million) for a new auction.
This was said in an announcement about the new auction on the PFTS stock exchange.
The guarantee deposit for participation in the auction, which is scheduled for July 30, 2018, is set at UAH 94.612 million (US$3.61 million).
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The auction on June 18 failed due to the lack of interest.
As reported by UNIAN, Ukraine's Ministry of Justice in May 2017 notified Russia's gas monopolist Gazprom on the seizure of shares of its subsidiary company Gastransit as part of recovery from Gazprom of a fine worth almost UAH 190 billion (US$7.26 billion) issued by the Antimonopoly Committee Ukraine.
Gastransit was founded in November 1997 to expand the capacity of the Ukrainian gas transport system to increase transit shipments of Russian gas to Turkey and the Balkans.