Wednesday, March 7, 2012

Reports: Russia to sell 15 percent in Rosneft

MOSCOW (AP) — Russian news agencies say the government has announced plans to sell up to 15 percent in top oil producer Rosneft next year for around $6.7 billion.

RIA-Novosti and Interfax cited Economy Minister official Alexei Uvarov as saying the privatization of a swathe of state-owned assets could raise up to $40 billion by 2014.

Other government …

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