Russian military delivers humanitarian aid to some 3,800 Syrians over past 24 hoursRussian Politics & Diplomacy February 27, 7:16
International talks on Syria conflict settlement may take up to several months - sourceWorld February 27, 7:13
PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
“There are two options of selling the stake — as a single 19.5% lot or in two tranches. There has been no decision yet, financial consultants should prompt it,” Ulyukayev said. “The price should be not lower than the price of an initial public offering, which, I think, gives an estimation of about 560 billion rubles ($14.5 billion) for the stake,” he added.
Currently, state-owned Rosneftegaz holds a 69.5% stake in the company. The 19.5% stake is planned to be sold in 2015, and the 423 billion ruble ($11 billion) income from the sale has already been accounted in the budget for 2015.
On Wednesday, business daily Kommersant reported citing sources that the government approved a program to support Rosneft amid sanctions, including purchase of 500 million-1 trillion ruble company’s bonds, while the money for the purchase will be provided from the wealth fund.
In August, the company asked the government for financial aid due to the U.S. sanctions. CEO Igor Sechin suggested that the fund should purchase 1.5 trillion rubles ($39 billion) worth of new Rosneft bonds, as one of the options.