Russia Issues New Decree On Sale Of 19.5% Stake In Rosneft

Reuters

MOSCOW, Nov 7 (Reuters) - The Russian government published a new decree on the sale of a 19.5 percent stake in oil giant Rosneft, signed by prime minister Dmitry Medvedev on November 3.

The document annulled the previous 2014 decree on the Rosneft stake sale. The new decree has not revealed details of the sale, saying it was classified and for internal use.

Previously, the government planned to sell the shares at "the market price" which was not below initial public offering conducted in 2006.

(Reporting by Vladimir Soldatkin; writing by Maria Tsvetkova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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