Gunvor International, with Timchenko as co-owner... grew out of and benefited from the Russian state's dismantling of Yukos in 2003... gained control of... 5 percent of Russia’s total economic output and revenues of over $70 billion annually.
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Ref: Andrew E. Kramer, David M. Herszenhorn, "Midas Touch in St. Petersburg: Friends of Putin Glow Brightly" The New York Times (Mar 1, 2012) 2) Catherine Belton, Neil Buckley, "On the Offensive: How Gunvor Rose to the Top of Russian Oil Trading" The Financial Times (May 14, 2008)