Putin is sure Russia and Ukraine will find way to end crisisRussian Politics & Diplomacy October 27, 19:32
Refugee crisis demonstrates EU incapacities — Austria’s ex-presidentWorld October 27, 19:08
Putin: Russia is not going to attack anyoneRussian Politics & Diplomacy October 27, 18:20
Putin urges new Marshall Plan for Middle East to see recovery and growthRussian Politics & Diplomacy October 27, 17:30
Zakharova slams Latvia’s crusade against historical memory as harmful to kids’ educationRussian Politics & Diplomacy October 27, 17:22
Russian diplomat rejects Kiev reports on armed police mission in DonbassRussian Politics & Diplomacy October 27, 17:07
Lavrov: Russian leaders need no one’s permission to visit CrimeaRussian Politics & Diplomacy October 27, 17:03
Vladimir Putin at Valdai Club session in Sochi: live streamRussian Politics & Diplomacy October 27, 16:36
NATO battalion at Russian border to get German tanks — defense ministryMilitary & Defense October 27, 16:31
MOSCOW, August 17. /TASS/. Authorities of Bashkiria do not intend to sell the stake held in Russian oil producer Bashneft because it provides the region "with stability and confidence in the future," Governor of Bashkiria Rustem Khamitov said on Wednesday on the air with Rossiya 24 TV Channel.
"We do not currently consider such an option of our action," Khamitov said responding to the question whether authorities of Bashkiria plan to sell their shares in Bashneft.
"Presence of this stake means stability and confidence in the future. Moral costs of sale will be too high," Khamitov said.
Khamitov approached the Kremlin earlier with the request to postpone privatization of the company so that Bashneft continues meeting social commitments to the region.
Bashneft oil company operates in more than 20 regions of Russia and abroad. The Federal Property Management Agency owns 50 plus 1 share in the company’s share capital; the republic of Bashkortostan holds 25% plus one share. Bashneft’s shares are traded on the Moscow Exchange.