Rosneft Has $32B In Available Funds, Bashneft Purchase Not A Problem

Reuters

MOSCOW, Oct 10 (Reuters) - Russia's top oil producer Rosneft has around $32 billion in available funds, so it buying a controlling stake in mid-sized oil company Bashneft would not be a problem, Russian Economy Minister Alexei Ulyukayev told state television in comments broadcast on Monday.

(Reporting by Darya Korsunskaya; Writing by Dmitry Solovyov; Editing by Alexander Winning)

Copyright 2017 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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
US Houston: Attorney (Environmental Law)
Expertise: Environmental Engineer|Legal
Location: Houston, TX
 
Marketing Intern Job
Expertise: Marketing|PR / Corporate Communications|Student / Recent Grad
Location: Minneapolis, MN
 
United States Houston: HR Operations Partner
Expertise: Business Development|HR - General
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $52.96/BBL 1.03%
Light Crude Oil : $50.35/BBL 1.69%
Natural Gas : $3.19/MMBtu 0.63%
Updated in last 24 hours