Rosneft negotiates on purchase of 50% minus 1 share in Indian company Essar Oil

Rosneft is in talks to acquire a strategic stake in Indian company Essar Oil in the amount of 50% minus one share.

"Currently, there are negotiations with the Russian oil giant, - said a source of the Economic Times. - The Indian side expects to receive $8.7 billion for a package in Essar Oil".

According to him, the next working meeting of representatives of the Russian and Indian companies will be held in London in early April.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer