Yukos acquired a controlling stake in Sakhaneftegaz, an east Siberian oil operator, in 2002. Sakhaneftegaz owns 85.5% of the subsidiary in question - Lenaneftegaz - of which 50% was frozen, the paper reported.
The shares were frozen in relation to a dispute between Lenaneftegaz and a pipeline subcontractor over payment for construction.
However, analysts say the court ruling can be tied back to the Russian government's wide-ranging legal probe into Yukos and its major shareholders.
In addition, observers say the ruling might be a way to force Lenaneftegaz to sell equipment located on a huge oil field it was developing last year before regulators took its license away. The license to the field is now held by rival oil company OAO Surgutneftegaz.
Most Popular Articles