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

Reuters

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.

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