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Foreign capital holds about 26% of shares in Russia’s largest oil companies — Rosneft CEO

June 19, 2015, 18:42 UTC+3 ST. PETERSBURG
"Interaction of the Russian oil industry with foreign partners has not weakened and their role in our sector is high," Rosneft CEO Igor Sechin said
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© TASS/EPA/SHERWIN

ST. PETERSBURG, June 19. /TASS/. Foreign capital holds about 26% of shares in Russia’s largest oil companies, Chief Executive Officer of Russian oil major Rosneft Igor Sechin said at the St. Petersburg International Economic Forum (SPIEF) on Friday.

"Interaction of the Russian oil industry with foreign partners has not weakened and their role in our sector is high. If we look at this role exclusively in terms of equity participation and specific oil production project, it is about one fourth. As you are aware, Rosneft, the largest public oil company, fully reflects this trend," Sechin said.

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