China is interested in buying the stake of "Rosneft".
Edited by Rhod Mackenzie / 2016-04-22 06:57:06
China CNPC Finance Oil and Gas Russia China Oil and Gas IPO Shares Russia Oil and Gas Bashneft Rosneft
China National Petroleum Corporation (CNPC) might participate in the privatization of "Rosneft", the details would be discussed at the level of heads of Russia and China, the vice-president of CNPC Wang Zhongcai stated.
According to the top manager, the working group of the corporation is currently considering the feasibility of such transaction. If it is approved, the parties will need to agree on a stake in the Russian oil and gas company, which can be sold.
