The RF Ministry of Economic Development prepares a draft decree on the privatization of Rosneft.

The RF Ministry of Economic Development had prepared a project to reduce the share of Russian presidential decree in the authorized capital of Bashneft, one of the ten largest oil companies in Russia, to 25% plus 1 share, a source in the financial and economic bloc of the government familiar with the negotiation of the document told Interfax.

In addition, according to him, the government prepared a draft regulation for the inclusion of Bashneft into the privatization program of the federal property in 2014-2016. Both documents were sent for approval to the RF Ministry of Finance.

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