"Bashneft" declares its readiness to SPO in Moscow.

Despite the fact that almost 85% of the shares are arrested and in the future may be transferred to the state, "Bashneft" keeps plans to SPO, Aleksandr Korsik, the president of the oil company, told the TV channel «Russia 24».

But if earlier the company considered London Stock Exchange as a site for the allocation, now the priority is given to the domestic market. "I, frankly, more like Moscow, but again, this solution should be comprehensive", - Korsik stated. But he points out that holding the SPO now is unlikely. "Technically, the company is ready to be placed, but after the shares fell more than twice compared to the peak, which was in late June, there is no sense in this now. Plus, the geopolitical situation is not the best. We have to wait until one way or another the existing problems will be solved", - Korsik stated.