Ministry of Finance includes 100 billion rubles from privatization of 19.5% of Rosneft in the budget-2015

In 2015, the Ministry of Finance expects to receive 100 billion rubles of dividends from Rosneftegaz on the results of the sale of Rosneft’s shares that belong to the state-owned holding company. This is much less than previously thought assessments of the budget’s revenues fromthe privatization of the largest oil company.

On Monday, the Finance Minister, Anton Siluanov said that in 2015 the Ministry expected to receive 423.5 billion rubles from the sale of 19.5% of Rosneft. The same amount figures in the current law on the budget for 2014-2016 years – according to it, the transaction should be concluded in 2016. But in May it became known that the Government was discussing its acceleration and the deal was possible in late 2014 - early 2015.

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