Russian Arctic National Park to set up reserve area on Novaya ZemlyaSociety & Culture August 21, 9:36
Iranian president calls defending nuclear deal top priorityWorld August 21, 8:20
US guided-missile destroyer collides with merchant vessel in SingaporeMilitary & Defense August 21, 8:02
Russian military aviation stamps out terrorists en-route to Syria’s Deir ez-ZorMilitary & Defense August 21, 6:47
Putin visits international jazz festival in Crimea’s KoktebelSociety & Culture August 21, 2:31
Putin says he cares little about his style but tries to look elegantSociety & Culture August 20, 23:41
Militants launch shell on exhibition complex near Damascus — mediaWorld August 20, 15:27
Cardinal Parolin: Dialogue of Roman Catholic and Orthodox Churches to help them feel unitySociety & Culture August 20, 8:27
Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
ST. PETERSBURG, June 16. /TASS/. Russia’s Energy Minister Alexander Novak said he admits the participation of big companies in Rosneft privatization, including those from China.
"In principle, we admit that big companies may participate in (Rosneft - TASS) privatization, including Chinese companies," he said on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2016) on Thursday.
Earlier Rosneft President Igor Sechin said in an interview with Italian Il Sole 24 ore that it is reasonable to consider various options for privatization of Rosneft amid the current challenging environment, including attracting strategic investors.
Russian President Vladimir Putin announced the decision to sell stakes in Rosneft, Bashneft, VTB, Alrosa and Sovcomflot in January.
According to Russian Minister of Economic Development Alexey Ulyukayev, privatization of 19.5% stake of the Russian oil major Rosneft may provide the budget with 700 bln rubles ($10.5 bln).
Presidential aide and Chairman of the Board of Directors of Rosneft Andrei Belousov said the main option of privatization of the company’s 19% stake is to sell it to a strategic investor. In his opinion, in this case the government will raise the maximum premium from the sale. Belousov also said that selling such a stake on the open market is very difficult in the current market situation.
According to Finance Minister Anton Siluanov, the privatization of Rosneft, Bashneft and Alrosa will be finalized by the end of this year.