Russians’ real incomes up by 3% in May - Russian finance ministerBusiness & Economy June 25, 18:39
All doping tests of Russian players at 2014 FIFA World Cup are negativeSport June 25, 15:10
Police refrains from calling Newcastle incident a terrorist attackWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
BEIJING, June 25. /TASS/. Russian oil company Rosneft expects that a final decision on the sale of a 49% stake in its two subsidiaries to China’s Petrochemical Corporation (Sinopec) will be made by September, CEO Igor Sechin told reporters in Beijing on Saturday.
"We are continuing talks with Sinopec, and I hope we agreed that by the Eastern forum [Eastern Economic Forum] in Vladivostok we will make a final decision," Sechin said.
In September 2015, Rosneft signed an agreement with Sinopec on major conditions of cooperation as part of a proposed joint exploration of Russkoye and Yurubcheno-Tokhomskoye oil fields. The agreement envisages a possible purchase by Sinopec of a 49% stake in two Rosneft subsidiaries - East-Siberian Oil and Gas Company (Vostsibneftegaz) and Tyumenneftegaz (TMNGG) - that have licenses for exploration of these fields.