Russian team’s priority is to maintain leading positions at 2018 Winter OlympicsSport December 08, 14:43
Official says early presidential election in Russia 'technically impossible'Russian Politics & Diplomacy December 08, 14:37
Gazprom signs contract for construction of first line of Turkish Stream’s offshore segmentBusiness & Economy December 08, 14:28
Putin surprised human rights activists pay little attention to Russian hospital's bombingRussian Politics & Diplomacy December 08, 14:24
Diplomat says confrontation and self-isolation not Russia’s path on world stageRussian Politics & Diplomacy December 08, 14:11
Russian top diplomat says time to stop sabotaging Minsk agreementsRussian Politics & Diplomacy December 08, 13:57
TV: Nusra Front militants requesting evacuation from AleppoWorld December 08, 13:54
Lavrov: Analysis of Europe’s military potentials bound to dispel Russian threat mythRussian Politics & Diplomacy December 08, 13:44
Pole vault queen Isinbayeva elected to Russian Olympic Committee’s Executive BoardSport December 08, 13:44
VLADIVOSTOK, September 1. /TASS/. The issues related to privatization of Bashneft will be solved in a timely manner, CEO of Russian state-owned oil company Rosneft Igor Sechin told reporters.
"We are now in the Far East region. The issues that are related to privatization of Bashneft will be resolved in a timely manner," he said. He did not elaborate.
On August 16, Natalia Timakova, Press Secretary of the Prime Minister Dmitry Medvedev told TASS that he postponed privatization of oil producer Bashneft.
Earlier Economic Development Minister Alexei Ulyukayev said that the Russian government intended to sell 50.08% of Bashneft shares before the end of 2016. Different options of the deal are being considered, in particular the sale of company’s shares on the exchange or their divestment to a strategic investor. However, First Deputy Energy Minister Aleksey Teksler said the privatization deal might be postponed to 2017.
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.