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The deal of buying Rosneft's 19.5% stock is outside sanctions - source

The source added, Rosneft does not expect influence on the market

© Артем Коротаев/ТАСС

MOSCOW, December 11. /TASS/. The deal of Qatar Investment Authority and Glencore's consortium to buy Rosneft's 19.5% stock is outside sanctions, a source at Rosneft told reporters on Sunday.

"This deal is outside the sanctions - those are existing shares. I believe, the new shareholders have got ready for the deal. The global investors had completed major work prior to the deal. For all regulating bodies this is a maximum comfortable deal. Leading international legal companies made its assessment," the source said.

The source added, Rosneft does not expect influence on the market.

"All parties to the deal are working on convertation, and speculators will have nothing to do," the source said. "We have prepared well."

Some assets from placing of Rosneft bonds worth 600 billion roubles may be used for managing joint assets.

"We have many projects outside Russia, for example Essar, Venezuela, Zohr," the source said.

On December 7, Chief Executive Officer of Rosneft Igor Sechin reported to the Russian President that the privatization deal for the 19.5% stake in the company had been completed. A consortium of Glencore and Qatar’s sovereign fund (with equal shares) became the strategic investor and purchased shares for 10.5 bln euro.

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Russia got the support of 129 countries in a November 20 vote in New York at the 40th plenary session of the UN General Assembly

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Russian Security Council Deputy Chairman Dmitry Medvedev said it in an interview

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Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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Bundeswehr prepares plan for Operation Germany in case of war with Russia — newspaper

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"Our friends are living in the Arab world," the politician noted

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Here are the key statements, made during the meeting

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Russia shelters over 30,000 people fleeing from Ukrainian shelling — commissioner

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Belarusian president believes humanity is on the brink of World War III

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Maria Zakharova noted that the Russian Embassy in Helsinki has sent requests to clarify the situation

Ukraine conflict entering decisive phase, Polish PM says

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Russia entitled to use weapons against military sites of states attacking it — Duma

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Kremlin confident Putin's statement got through to US administration

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Russia forced to roll out new weapons as West fuels conflict, Minsk says

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US decision to allow missile strikes deep into Russia fuels global escalation — Slovak PM

Robert Fico also rejected the belief that this escalation would not impact "those living far away, in Spain, England, or America"

Ukraine should consider territorial concessions to Russia in return for peace — magazine

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Lukashenko tells Putin situation is "starting to get tense with Wagner"

The Belarusian leader noted that they want to go to Warsaw

US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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Russia’s reaction to Austrian OMV’s failure to pay for gas justified — MFA

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Trump seeks to restore peace in entire world — transition team on Putin’s address

Trump’s inauguration will take place on January 20, 2025

Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

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Putin says Oreshnik missile system cutting-edge innovation by Russia, not Soviet byproduct

The Russian Defense Ministry announced earlier in the day that the country’s latest Oreshnik intermediate-range ballistic missile hit all the targets at a major Ukrainian military-industrial enterprise in Dnepr (Dnepropetrovsk) with its MIRVed warheads

Russian ambassador says UK prime minister doesn’t understand situation in Ukraine

Turning to the Labour Party’s domestic policies, Andrey Kelin said Starmer’s plans to spur the economy were "not met with applause by the population

NATO enters conflict, Russia has every right to attack its targets now — expert

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Russian forces cut off key Ukrainian supply route in Velikaya Novoselka, DPR

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Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

According to th statement, London is promoting new rounds of escalation

Japanese government refrains from commenting on Russia’s latest hypersonic missile

At the same time, Chief Cabinet Secretary Yoshimasa Hayashi once again criticized Russia’s actions in Ukraine