Sambo wrestling should become trademark of Russian sports — security officialSport August 18, 18:38
Iran may start oil supplies to Russia within monthBusiness & Economy August 18, 18:31
Nord Stream 2 project will be implemented despite sanctions — energy ministerBusiness & Economy August 18, 18:29
One killed in stabbing in Turku, FinlandWorld August 18, 18:15
Moscow and Ankara agree upon Turkish Stream landfallBusiness & Economy August 18, 18:11
Russia may lift agricultural restrictions from Turkey by October 20Business & Economy August 18, 18:04
Senior official says Kyrgyzstan is interested in military cooperation with RussiaWorld August 18, 18:03
US, NATO fail to help Afghanistan fight drugs — Foreign MinistryRussian Politics & Diplomacy August 18, 18:01
This week in photos: Barcelona terror attack, lightning in Moscow, volcanoes in KamchatkaSociety & Culture August 18, 17:59
MOSCOW, December 1. /TASS/. Russian government has issued a resolution on partial privatization of domestic oil giant Rosneft. As much as 19.5% of the company’s stock will be privatized, the Cabinet stated on Monday.
Rosneft CEO Igor Sechin told reporters earlier that the company took positively an idea of privatizing its state stake in two tranches. The privatization share price will make $8.12, he said.
Privatization of 19.5% Rosneft stake is planned in 2015, the federal budget can yield $8.5 billion in this financial operation, Russian Finance Minister Anton Siluanov said back in August.
Twenty-nine Rosneft enterprises in Siberia, Central Russia and the Far East produce oil. The company has a stake in joint ventures in Venezuela, Vietnam, Canada, Brazil, Norway, Algeria, the United Arab Emirates and the United States. Rosneft said that output of oil and liquid hydrocarbons had reached 4.2 million barrels a day in 2013 that was 72% more than the similar indicator in 2012.