US chess chief: No plot to oust current FIDE head, but it ‘would be good for the game’Sport March 28, 18:27
Putin-Rouhani meeting round-upWorld March 28, 18:23
Request for referendum against iconic Petersburg cathedral's transfer to church approvedSociety & Culture March 28, 18:13
US diplomat says Washington is pleased with Arctic cooperation with MoscowWorld March 28, 18:11
Russia, Iran express support for Damascus’ efforts to combat terrorismWorld March 28, 17:46
Finance Ministry to serve up VAT refund to foreign buyers of alcohol in RussiaBusiness & Economy March 28, 17:44
Top ten most expensive items sold by Sotheby'sSociety & Culture March 28, 17:25
Russia’s future spacecraft to be equipped with fully isolated toilet cabinScience & Space March 28, 17:03
Lavrov vows that Moscow won’t leave Donbass residents 'high and dry'Russian Politics & Diplomacy March 28, 16:19
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.