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LPNEWS

Russia Sells Stake In Rosneft To Glencore, Qatar SWF

by shalemarkets.com posted 1year ago 2073 views
Russia's state-owned oil company, is selling a 19.5 percent stake in the company to a consortium comprising of Glencore and Qatar Investment Authority. According to Glencore, the consortium will pay some 10.2 billion euros for the deal. Russian government’s website, however, shows a price of 10.5 billion.