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.

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