KIEV, Nov. 8 – The State Property Fund is planning to announce first tenders for state-owned stakes in city and regional gas supply companies in the first quarter of 2012 or sell them on stock exchanges, SPF head Oleksandr Riabchenko told journalists in Kiev on Monday.

"[The tenders could be held] in the first quarter of 2012. We have no desire to delay them," he said.

He said that national joint-stock company Naftogaz Ukrayiny has not transferred all of the stakes in gas supply companies that will be put up for sale.