Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
BEIJING, November 8. /TASS/. Rosneft may meet its objectives and implement its projects without state support, including that from the National Welfare Fund, Russia’s Minister of Economic Development Alexei Ulyukayev said on Saturday.
“Rosneft, being a first-class oil company and an active market player, the company can manage its problems without support from the state,” he said.
Ulyukayev says that it does not make economic sense to sell 19.5% of the Russian state-owned oil company Rosneft stock under the current circumstances, he told reporters on Saturday.
“I think yes, we are discussing it but it seems logical,” he replied when asked whether Rosneft privatization is inexpedient at present.
Ulyukayev suggested that investors from China and India still evince interest in the assets.
Speaking about an offering price, the minister said that $8.12 per share, the company priced its initial public offering (IPO) at, may be “a good basis for discussions.