LIVE updates: French presidential election 2017World April 23, 8:57
Russian soldier’s killer mentally unstable - Armenia’s Investigative CommitteeWorld April 23, 0:48
Sculpture to US president Franklin D. Roosevelt unveiled in CrimeaSociety & Culture April 22, 23:11
‘No danger’ for Novaya Gazeta journalists — Chechnya’s headSociety & Culture April 22, 21:54
Roosevelt wanted to buy a piece of Crimea in final days of World War IIWorld April 22, 17:27
FC Zenit St Petersburg 2-0 FC Ural in first official match at renovated stadiumSport April 22, 17:25
Two bandits from IS gang killed in Stavropol territoryWorld April 22, 15:12
Modernization of The Admiral Kuznetsov aircraft carrier to begin SeptemberMilitary & Defense April 22, 13:28
Russia, Japan developing 20 joint projects - newspaperBusiness & Economy April 22, 7:37
MOSCOW, October 12. /TASS/. Rosneft plans today to close the deal on acquisition of 50.08% shares of Bashneft on Wednesday, October 12. Vice President of Rosneft Andrey Shishkin is a possible new president of Bashneft, a source familiar with the situation told TASS.
"Rosneft had to sign an agreement yesterday and transfer money and close the deal today," he said.
The source said that the current vice president of Rosneft Andrey Shishkin will be put forward as the new president of Bashneft.
Rosneft did not comment on this information.
On October 10 Russian Prime Minister Dmitry Medvedev signed decree on selling a 50.075% stake in Bashneft. Medvedev noted that the decree for selling Bashneft shares applies to the federal budget, noting that VTB Capital will act as an agent in the deal.
He also noted that the Federal Agency for State Property Management (Rosimushchestvo) should make all the necessary decisions to include the revenues from this deal to the Russian federal budget. "These revenues were taken into account in forming the revenue base of the Russian budget for the current year," Medvedev said, adding that the decision to sell Bashneft controlling stake was made for fiscal consolidation and raising additional revenue.