UN mission in Ukraine has no powers to assess situation in Crimea, diplomats noteWorld September 25, 21:11
Gentlefan continues: Manchester United fans to get raincoats ahead of encounter with CSKASport September 25, 20:30
US-led coalition denies charges of US units leading Syrian 'opposition' through IS linesWorld September 25, 18:49
Supplies of S-400 systems to Turkey may begin within two yearsMilitary & Defense September 25, 18:14
Ukraine involved in illegal arms deliveries to South Sudan — Amnesty InternationalWorld September 25, 18:01
Russian general's death in Syria result of US double-dealing in war on terror — diplomatRussian Politics & Diplomacy September 25, 17:42
Russia's top diplomat says conditions in Syria ripe for defeating terroristsRussian Politics & Diplomacy September 25, 17:07
Russian envoy notes US actions in Syria as Washington's true colors on anti-terror policyRussian Politics & Diplomacy September 25, 17:00
Economy minister believes new technologies will drive Russia’s economyBusiness & Economy September 25, 16:50
The Kommersant daily had earlier reported with reference to unnamed sources about the possible sale. Gunvor was reported to have been offered for sale in May.
According to one of the sources, sales were negotiated with several potential buyers, with oil companies among them. Other sources mentioned unofficial discussion of a deal with the Rosneft oil giant.
The major shareholder Tornqvist was planning to retain the shares acquired from Timchenko, Pietras said in March. Timchenko had no buy-back option, and Gunvor continued business as usual but could not cooperate with the sanctioned companies, Pietras added, as Gunvor stuck to all international economic sanctions.
Gunvor, set up in 1997, is a major commodity trading company by sales registered in Cyprus and operating through the offices in Geneva, Nassau (the Bahamas), Singapore and Dubai.