EniNeftegaz, a company which is 60% owned by Eni and 40% by the Italian electricity group Enel, has managed to acquire a second lot of the assets of the former Russian oil giant, Ioukos, in an auction sale. This lot was made up of 20% of the capital of the oil company Gazprom Neft, three subsidiaries of Ioukos and a range of smaller assets. The sum total of the transaction was €4.36 billion. The auction was part of the dismantlement of the former oil empire of Mikhaïl Khodorkovski, which started in 2004 and has so far seen the low-price purchase of several of the empire's larger assets by its rival, the public group Rosneft. The product of the auction sales will go to absorb Ioukos's debts, which have been put at €20.7 billion split among 68 claimants. The majority of the assets still in Ioukos' hands will be sold by August of this year.