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Creditors to sell Yukos assets in service sector in late May

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MOSCOW, April 13 (RIA Novosti) - Creditors' committee will hold another auction in late May to sell service assets of the bankrupt oil company Yukos [RTS: YUKO], the bankruptcy receiver's spokesman said.

"[Creditors] have decided to form a new lot based on shares of Yukos's companies that provide construction, maintenance, and information and technological services," Nikolai Lashkevich said.

The lot will also include assets that failed to be auctioned in the third lot April 4 for lack of bidders.

Yukos, once Russia's largest oil company, was declared bankrupt August 1, 2006, after three years of litigation with tax authorities over the company's tax arrears. Its debt to creditors totals 700 billion rubles ($27 billion).

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