Kremlin: There is 'Understanding' Rosneft Should Not Buy Stake in Bashneft


MOSCOW, July 22 (Reuters) – There is an understanding in the Russian government that state-owned oil firm Rosneft should not take part in the privatisation of rival Bashneft , Kremlin spokesman Dmitry Peskov told a conference call with journalists on Friday.

He added that there had been no written orders given to Rosneft on the issue and that "such an understanding has been achieved in the government and the (Kremlin) administration".

Earlier a Rosneft spokesman told Reuters that Rosneft could consider buying a stake in Bashneft.

(Reporting by Dmitry Solovyov, writing by Denis Pinchuk; Editing by Alexander Winning)

Copyright 2016 Thomson Reuters. Click for Restrictions.


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

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Contracts Administrator
Expertise: Contracts Administration
Location: Houston
Operator Qualification Specialist
Expertise: Environmental, Safety & Training|Operations Management|Regulatory Compliance
Location: Cushing, OK
Principal - Oil & Gas
Expertise: Executive
Location: Houston, TX
search for more jobs

Brent Crude Oil : $45.89/BBL 3.69%
Light Crude Oil : $44.48/BBL 3.97%
Natural Gas : $2.96/MMBtu 1.00%
Updated in last 24 hours