Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
Donald Trump takes office as 45th US PresidentWorld January 20, 18:21
NOVO-OGARYOVO, March 22. /TASS/. Privatization of Rosneft through convertible bonds is not tested, direct placement is preferable, Economic Development Minister Alexei Ulyukayev told journalists Tuesday.
"The mechanism of convertible bonds is the most hypothetical here because it is not tested. There was no such practice. It is not necessary to reject it completely, but this is a hypothetical version. The more practical option is a direct public offering or sale to a strategic investor," the minister said.
Ulyukayev still sees the possibility of privatization of 19.5% of Rosneft in 2016 "19.5%, yes, maybe," he replied to a question about the possibility of selling a government's stake in Rosneft before the end of the year.
Deputy Finance Minister Yuri Zubarev said earlier that privatization of Rosneft can bring around 490 bln rubles ($6.5 bln) to the federal budget. "The privatization of the state share in Rosneft can bring around 490 bln rubles ($6.5 bln) to the state budget," Zubarev said, speaking at the plenary session of the State Duma.
The official noted that this is one of the measures alleged by the Government to stabilize the economic situation and to replenish the federal budget.