In Russia’s largest privatized oil company
In Russia’s largest privatized oil company
© Reuters
Buyers and strategic investors the company has become a consortium of Glencore and the Qatari sovereign Fund.
Head of the largest Russian oil company “Rosneft” Igor Sechin reported to Russian President Vladimir Putin on the completion of the privatization transaction of the Corporation.
This was reported by press Secretary of the President of Russia Dmitry Peskov, RIA Novosti reported.
It is noted that the buyers and strategic investors the company has become a consortium of Glencore and the Qatari sovereign Fund.
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“Igor Sechin reported to the Kremlin Vladimir Putin about the completion of the transaction on privatization of 19.5% stake in the largest Russian oil company “Rosneft”. Buyers and strategic investors has become a consortium of Glencore and the Qatari sovereign Fund,” – said Peskov.
Earlier it was reported that sa first quarter of 2016 the largest Russian oil company “Rosneft” has received 214.7 million dollars of net profit. This is four times less than in the same period last year.