US new anti-Russian law poses threat to energy projects — expertBusiness & Economy July 28, 20:30
Russia issues protest to Romania over ban on deputy PM's flight en route to MoldovaRussian Politics & Diplomacy July 28, 20:19
Car rams into crowd in HelsinkiWorld July 28, 19:38
This week in photos: Putin in Finland, Merkel at the opera and Santas in CopenhagenSociety & Culture July 28, 19:17
Lavrov tells Tillerson Russia ready to normalize relations with USRussian Politics & Diplomacy July 28, 18:57
Russian spacecraft blasts off from Baikonur to deliver new crew to world’s sole orbiterScience & Space July 28, 18:56
Russia hopes for dialogue with US — UN envoyRussian Politics & Diplomacy July 28, 18:30
Sanctions against Russia driven by US’ wish to get share of EU oil and gas market — expertBusiness & Economy July 28, 18:24
Russia lays down two diesel-electric submarines for Pacific FleetMilitary & Defense July 28, 17:55
MOSCOW, July 21. /TASS/. There is an order by the Russian President that state companies should be banned from participating in privatization, which concerns the purchase of bashneft by Rosneft, a source familiar with the situation told TASS.
In particular, the ban applies to a possible purchase of Bashneft by state owned oil company Rosneft.
According to the source, Deputy Prime Minister Arkady Dvorkovich repeatedly drew the attention of the Federal Property Agency to that order.
Dvorkovich’s spokesperson Alia Samigullina said that "it concerns the direct instruction from the president."
According to TASS, VTB Capital, which acts as an investment advisor in the privatization of the 50.08% stake of Bashneft, sent letters to a number of investment funds and companies.
The list of recipients also includes the Russian Direct Investment Fund (RDIF) and the Sistema Holding, foreign funds - Hopu Capital, the Silk Road fund, ADIA, Mubadala, QIA, Temasek, Fosun and CIC.
The government’s agent receives applications from potential buyers of Bashneft until July 25.
In January, Russian President Vladimir Putin announced the government’s decision to sell stakes in Rosneft, Bashneft, VTB, Alrosa and Sovcomflot.
It was reported that the Independent oil and gas company and oil major Lukoil were to participate in the privatization of Bashneft. The Federal Property Management Agency owns 50% plus one share of Bashneft, the authorities of the republic of Bashkiria have 25% plus one share. Bashneft operates in more than 20 regions of Russia and abroad.