Moscow police say 250 people take part in protest rallyWorld April 29, 16:29
Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
MOSCOW, April 10. /TASS/. Russian President Vladimir Putin signed a decree on conferral of state orders, the Order of Friendship and the Order of Honor in particular, to senior executives of the Qatar Investment Authority (QIA), Glencore and Intesa. The decree of the head of state was published on the official web portal of legal information.
Above-mentioned companies took part in the deal on privatization of the stake in Russian oil and gas major Rosneft.
The Order of Friendship was awarded to Chief Executive of the Qatar Investment Authority Abdullah bin Mohammed Al Thani, Chief Executive Officer of Glencore International Ivan Glasenberg, Chief Executive Officer of Intesa Sanpaolo banking group Carlo Messina, President of Banca IMI Gaetano Micciche and President of Cifal Gilles Remy. Chairman of the Supervisory Board at Bank Intesa AO Antonio Fallico received the Order of Honor. The presidential decree noted that awards are given "for great contribution into strengthening of cooperation with Russia."
In early January 2017, oil trader Glencore and the Qatar Investment Authority closed the deal to buy 19.5% of Rosneft shares. Earlier, the consortium signed an agreement to buy 19.5% of Rosneft shares for 692 bln rubles ($12.1 bln). The Russian budget has received 710.8 bln rubles ($12.4 bln) from privatization, including 18 bln rubles ($314.6 mln) from additional dividends of Rosneftegaz, which were secured by a modified dividend policy approved by Rosneft's Board of Directors in preparation for the company’s privatization.