ALEKSANDR PUTILOV

told the press, it would have brought in $2.5 billion – $3 billion for the state. The scheduled May auction will bring in significantly less, and if the sale is delayed to the end of the year, Rosneft could fetch as little as $1 billion. Prime Minister-designate Kirienko insists the auction will take place on schedule, whatever the situation with the government. ON THE BORDER