Russia's Rosneft May Get 300B Roubles from National Wealth Fund

Reuters

s.

KRASNOYARSK, Russia, Feb 27 (Reuters) – Russian state oil firm Rosneft may get 300 billion roubles ($5 billion) from the National Wealth Fund (NWF) to finance five projects, both upstream and downstream, Russian Energy Minister Alexander Novak told reporters.

Rosneft had asked for more than 2 trillion roubles from the NWF, one of two Russian rainy day funds, but had to adjust its request given the difficult economic situation. ($1 = 60.9020 roubles)

(Reporting by Olesya Astakhova; writing by Katya Golubkova, editing by Elizabeth Piper)

 

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