Yukos's assets are to be auctioned off in the first lot March 27 and in the second and third lots April 4, a spokesman for Eduard Rebgun, the bankruptcy receiver, said Friday.
"The figures appraisers have supplied me with say the value is $25.6-26.8 billion," Rebgun told Russia's Vesti-24 television channel.
Yukos's 20% stake in Gazprom Neft [RTS: SIBN], formerly Sibneft, as well as in 21 other assets would be auctioned off in the second lot.
Rebgun said the liquidation discount for the assets would be under 30%, and would depend on the bidder.
The bankruptcy receiver of the company, which has been crippled by back tax claims, said he expected major assets of Yukos to be sold off during the summer.
"The major assets, or 23-24 companies, make up 90-95% of its value," he said. "Therefore, we expect Yukos to be sold off by August."
He said the bidders included well-known energy companies, financial institutions, and innovative banks with substantial available funds, but declined to give any names.
Commenting on foreign assets of the oil company, Rebgun said it would be extremely difficult to sell them because all documentation on the assets had gone missing. "There are some problems we are trying to resolve," he said.
Yukos was declared bankrupt August 1. The court ruled its debts to the creditors topped 709 billion rubles ($27 billion).
