Glencore, Oil and Gas
Commission of the Federal Antimonopoly Service (FAS) deferred consideration of the case against UC Rusal for a more detailed study of materials until December 24.
The case on the grounds of violation of the Federal Law "On Protection of Competition" was opened on October 9 on the basis of the statement of the "Magnitogorsk Iron and Steel Works" (MMK).
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“Rosneft” will get a recurring advance in the amount of $10 billion from “Glencore” and “Vitol”, Rosneft’s presiden,t I.Sechin said.
“This week we have announced about a conclusion of an unprecedented deal with “Glencore” and “Vitol”. Within the frame of the settlement Rosneft will get a recurring advance at $10 billion,” Sechin said.
Translated by Iraida Idiyatova Read more »