: :inin Kyiv (EET)

Rosneft Privatization: Reality or Fraud?

Economy

On December 7, the Russian official news agency TASS reported that press secretary of the President Dmitry Peskov said that 19.5% shares of Rosneft had been sold to “a consortium of Glencore and Qatar’s sovereign fund.” Sechin claimed: “This amounts to over 1 trillion rubles, which will come to the budget, including 10.5 billion euros for Rosneft’s 19% stake.”
President Putin concurred: “It is the largest privatization deal, the largest sale and acquisition in the global oil and gas sector in …read more

Source: Intersection

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