Ministries are ready for privatization of shares of Rosneft and Bashneft

The Ministry of Economic Development has prepared a draft presidential decree on the privatization of about a quarter of Bashneft at the expense of the Russia’s share in the authorized capital, which will be reduced to a blocking stake - 25% plus one share. In addition, the draft orders for the inclusion of the state oil company in the program of the federal property privatization in 2014-2016 is ready. This was reported by the Interfax, referred to an unnamed employee of financial and economic block of the Russian Government.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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