Russian-Syrian checkpoint opens in Eastern Goutha de-escalation zoneWorld July 25, 8:17
Russian-Chinese naval drills in Baltic Sea to enter active phaseMilitary & Defense July 25, 7:59
Putin to meet with Iraq’s vice-presidentRussian Politics & Diplomacy July 25, 6:49
Russian super-heavy booster vehicle to bring payloads of 70 tns to orbitScience & Space July 25, 5:34
New limits on microloans to kill off most micro lenders in Russia, say expertsBusiness & Economy July 25, 3:45
Lavrov says astonished by mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
KOMSOMOLSK-ON-AMUR, October 24 (Itar-Tass) - Eyeing a loss-making sale. Russian oil transporter Transneft has blown the whistle on plans to sell its stake in the Kontinental Hockey League (KHL).
"It's not worth as much as it was when purchased, chief executive Nikolay Tokarev told reporters. "Having closely considered our financial situation, we shall decide whether to set the stake for sale again," he said, adding there were no plans to lose money on any deal.
Transneft failed in a spring tender to sell its 11.5% interest in the league. It was "a new kind of product for us", company spokesman Igor Demin said at the time, noting insufficient opportunity to prepare the offload. "The terms set for the tender had proved insufficient to sell,” Demin said then, adding that another tender was to be announced.
The company had expected to earn 100 million rubles in the sale. The Russian oil industry's Rosneft was among the main potential buyers.