Putin visits Russian cultural center in ParisSociety & Culture May 30, 3:37
Search engine Yandex denies transfer of Ukrainians' personal data to Russian intelligenceWorld May 30, 0:11
At least 137 people injured in Moscow storm — sourceWorld May 30, 0:05
Ukraine's security service accuses search engine Yandex of leaking personal info to MoscowWorld May 30, 0:03
Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
ST. PETERSBURG, June 15. /TASS/. The Independent Petroleum Company (IPC) plans to borrow funds in foreign banks to finance acquisition of a stake in the oil producer Bashneft, IPC Chief Executive Officer Eduard Khudainatov said on Wednesday.
"We examined this matter. These will be overseas borrowings, not from state-owned banks," Khudainatov said.
It’s difficult to indicate the possible amount of loans, the chief executive said. "We do not know what will be sold. What problems and what investment commitments are there," Khudainatov said.
The IPC will bid for the controlling stake in Bashneft, Khudainatov said earlier in April. It was reported also that Lukoil also intends to acquire the stake in Bashneft.