The Government has made the decision about Zarubezhneft
Edited by Rhod Mackenzie / 2013-07-29 10:35:11
The Director of the Rosimutschestvo O. Dergunova has told to the journalists that the Russian Government has admitted the decision to postpone privatization of Zarubezhneft to 2020. Before the date they are going to sell only 10% in the company to the state funds. It will happen by 2016. The former variant of Zarubezhneft privatization built into the plan for large assets privatization within 2012-2013, proposed full exit of the state from the company’s stock capital before the end of 2016.