CNPC is interested to take part in privatization of Rosneft

Date: 18:08, 21-04-2016.

Almaty. April 21. Silkroadnews – CNPC is interested to take part in privatization of “Rosneft” oil company planned in Russia in 2016, Reuters reports.

“So far it only the plans”, the first Vice-President of CNPC Wang Juncai said to the reporters in Moscow.
He added that CNPC, which is a major buyer of Rosneft products, has already formed a working group for negotiations with the Russian government on the issue of participation in privatization of the Russian oil giant.

Russia’s ministry of finance estimates the cost of 19.5 percent stake in Rosneft planned for sale in the second half of the year at 650 billion rubles.
$ 1 = 66.03 rubles.

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