KIEV, Feb. 18 – Kontinium Group President Ihor Yeremeev said that he is ready to use 100% of shares in CSJC Kherson oil refinery as collateral for state guarantees to attract investment for the company's upgrade.

"We contacted the government and said that we're ready to give them 100% of the shares in the refinery as collateral for reconstruction, include state managers in the refinery's management so that they can oversee financial flows, or give a certain stake to the state to make the state a shareholder in the company," he told the press on the sidelines of an open meeting of the Association of Fuel Market Players of Ukraine in Kiev on Thursday.