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


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 2017 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
HSE Advisor Engineer IV
Expertise: Engineering Manager|HSE Manager / Advisor
Location: Houma, LA
Contract Administrator
Expertise: Contracts Administration
Location: Houston, 
Communications / Community Engagement III
Expertise: Marketing|PR / Corporate Communications
Location: San Ramon, CA
search for more jobs

Brent Crude Oil : $51.87/BBL 0.40%
Light Crude Oil : $47.64/BBL 0.56%
Natural Gas : $2.94/MMBtu 0.67%
Updated in last 24 hours