Rosneft says Qatari fund to pay €3.7bn for Rosneft stake

6th November 2018

By: Reuters

  

Font size: - +

MOSCOW – Russian oil giant Rosneft said on Tuesday that the Qatar Investment Authority sovereign wealth fund would pay around €3.7-billion for a half of a 14.16% stake in the company.

The QIA would become the third-largest Rosneft shareholder as a result of the deal after the Russian government and British oil major BP, the company added. Trader Glencore would retain a 0.6% stake.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION