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Russian Direct Investment Fund is not participating in Rosneft privatization ― source

December 08, 2016, 2:09 UTC+3
"RDIF did not participate in the deal (on purchasing 19.5% of Rosneft shares) but the fund welcomes it," the source said
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MOSCOW, December 7. /TASS/. Russian Direct Investment Fund (RDIF) did not participate in the privatization of Rosneft shares, a source close to RDIF told TASS on Wednesday.

"RDIF did not participate in the deal (on purchasing 19.5% of Rosneft shares) but the fund welcomes it," the source said.

RDIF and Qatar’s sovereign fund that became an investor in the privatization deal have been partners since 2014 and already cooperate on several projects, including investment in the Pulkovo international airport, the source said.

On Wednesday, Rosneft’s head Igor Sechin said at the meeting with Russian President Vladimir Putin that the deal on selling a 19.5% stake in Rosneft for 10.5 billion euro has been completed. The consortium of Glencore trader company and Qatar’s sovereign find became a strategic investor.

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