Russia sells 19.5% of Rosneft - ‘biggest privatization deal of 2016,’ says Putin

Thursday, December 8th 2016 - 19:01 UTC

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Russian President Vladimir Putin labeled the sale of 19.5% of state-owned oil giant Rosneft's shares to the natural resource trader Glencore International and a Qatari sovereign wealth fund for over $11 billion was “the biggest sale and acquisition in the world’s oil and gas sector in 2016,” the official Kremlin website reported Wednesday. Read full article

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Win win for Putin when he decides to renationalise Rosneft...
Keeps the money and the oil and gas...
Dec 09th, 2016 - 01:45 pm - Link - Report abuse 0
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