SIBUR needs the approval of the Federal Antimonopoly Service for the sale of shares of Sinopec.
Edited by Rhod Mackenzie / 2015-09-23 05:47:54
FAS Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Sinopec Sibur China Oil and Gas Shares Russia Oil and Gas Legal Production and Refining
The deal, under which the Chinese company Sinopec will buy a stake in SIBUR, may require coordination of FAS Russia, the head of the control of foreign investment department Armen Khanyan states.
"There was nothing on SIBUR and Sinopec (request – ed.) ... As for to Sinopec, I think it requires coordination", - A. Khanyan stated.