Russia's FinMin Says Bashneft, Alrosa Privatization To Go Ahead In 2016

Reuters

MOSCOW, June 8 (Reuters) - Russian Finance Minister Anton Siluanov was quoted as saying on Wednesday he expected the privatization of Bashneft and Alrosa to go ahead in 2016, but it would be "more difficult" to sell the state-owned stake in Rosneft.

"On Bashneft, yes, we expect privatization, and on Alrosa as well," Interfax quoted Siluanov as saying. He added that with Rosneft "it's more difficult", Interfax reported.

"We have included it (the 19.5-percent stake in Rosneft) in (privatization) plans. Colleagues from the Economy Ministry are working. We will be selling," Interfax quoted him as saying.

(Reporting by Maria Kiselyova; Editing by Dmitry Solovyov)

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Commercial Director - Terminals
Expertise: Business Development
Location: South Carolina, 
 
Senior Engineer New Rule Implementation
Expertise: Engineering Manager|Environmental Engineer
Location: Deer Park
 
Senior Legal Counsel - Houston, TX
Expertise: Legal
Location: Houston-EP Center Americas, United States, 
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours