Rosneftegas to have to return $4.87 billion from sale of Rosneft’s shares to budget

Money, which Rosneftegaz received from sale of 5.66% of Rosneft’s shares to BP in March of this year during the consolidation of BP-TNK by the state-owned company, must be transferred to the budget. This solution can be signed by the Prime Minister Dmitry Medvedev in the next week, the Kommersant writes, referring to sources that are close to the parliament building. “It was one of conditions of consent for the deal – the Government must receive money from the sale of the Rosneftegas’ shares sooner or later. This is Rosneft privatization in fact, so the money must be transferred to the budget,” – the edition’s interlocutor in the Government explains.

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