LLC Nitrogen-Service, a subsidiaryof Russia's OAO Sibur Holding, has the full right to take part in competition on sale of 99.567% stake in OJSC Odessa Portside Plant (OPP), told Interfax-Ukraine deputy head State Property Fund (FGI) of Ukraine Alexander Potimkov.

Legally, from the State Property Fund of all flawlessly. Legislative provision prohibiting the participation in the competition the company with the state share over 25% applies only to residents. Limitation in this case the companies in which there is some state of Ukraine, - he said .

This Potimkov noted that the authorized capital of Nitrogen-Service no government stake. In addition, he said, the definition of the District Administrative Court of Kyiv on the suspension of competition at the suit of OAO Dniproazot (Dneprodzerzhinsk region.) Issued at the request of not taking part in the competition of the subject.

Dniproazot is not a party to the contest, he did not lodged the application. His personal interests as a legal entity in no way violated, - said Potimkov.

He also expressed confidence in the feasibility of selling IPF. My personal opinion - need to sell, otherwise you could end up a major international business scandal. We had to submit lists before, but not when started to receive the payment confirmation request of participants, - he said.

As reported, the District Administrative Court of Kyiv on September 22 adopted a definition of the suspension of the competition on sale of 99.567% of IPF on the suit Dniproazot. This definition the court also temporarily barred to participate in the contest Russia OOO Nitrogen-Service. Dniproazot filed a lawsuit in connection with numerous irregularities, according to the company during the privatization of IPF, which did not allow him to take part in it. The hearing was actually scheduled for October 7.

competition on sale IPF Property Fund announced on July 15 this year. The starting price is 4 billion UAH. Competition to be held on September 29.

Ukrainian President Viktor Yushchenko issued a decree on September 17 suspended the decision of the Government's privatization in 2009, IPF. In addition to the District Administrative Court of Kyiv on the same day, the definition has temporarily suspended the sale of the IPF as an interim measure on the suit Azot (Cherkassy).

Premier Yulia Tymoshenko said on the continuation of privatization of this enterprise and intention to contest in a timely manner, and on 21 September it became aware of the recall action Nitrogen.

Applications for the purchase of IPF in the Antimonopoly Committee of Ukraine gave 13 companies, whose names were not disclosed. However, the application to the Fund to participate in the competition have been submitted only three companies: Company Nitrogen-Service, OOO Nortima and OOO Frunze Flora (both - Ukraine).

Fund on Sept. 23 reiterated that the current legal obstacles for the competition are absent.

LLC Nitrogen-Service is a subsidiary of Russia's OAO Sibur Holding, which brings together 34 Russia's enterprises. The largest shareholders of Sibur Holding are OJSC Gazprombank - 70% minus 1 share and NPF Gazfond - 25% plus 1 share.

OOO Nortima Last year during the next attempt to sell the MFI AEs represented the interests of the well-known Ukrainian businessman Igor Kolomoisky, as he himself said. I. Kolomoysky is co-owner of Dniproazot.

right to control Frunze-Flora has recently received a holding company of the group Power standard Energy Standard Fund Ltd. (Cyprus), another well-known businessman - Konstantin Grigorishin. This company was founded in 2005, including a number of LLC, formed onthe basis of non-core assets of JSC Sumy Machine-Building NPO. Frunze, also included in the group Power standard.