Russia's Putin Order Opens Way For Entire State Stake Sale In Bashneft

Reuters

MOSCOW, May 17 (Reuters) - Russian President Vladimir Putin has excluded mid-sized oil producer Bashneft from the list of strategically important companies on Tuesday, which opens the way for the entire state's stake sale.

The government controls 50 percent plus one share in Bashneft, which was put up for sale as a part of a wider state assets privatisation plan for this year.

(Reporting by Maria Kiselyova; writing by Vladimir Soldatkin; editing by Katya Golubkova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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