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orangecrush

(19,570 posts)
Mon Jan 30, 2017, 04:15 PM Jan 2017

How Russia sold its oil jewel: without saying who bought it [View all]

How Russia sold its oil jewel: without saying who bought it


By Katya Golubkova, Dmitry Zhdannikov and Stephen Jewkes | MOSCOW/LONDON/MILAN
More than a month after Russia announced one of its biggest privatizations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn't possible to determine from public records the full identities of those who bought it.

The stake was sold for 10.2 billion euros to a Singapore investment vehicle that Rosneft said was a 50/50 joint venture between Qatar and the Swiss oil trading firm Glencore.

Unveiling the deal at a televised meeting with Rosneft's boss Igor Sechin on Dec. 7, President Vladimir Putin called it a sign of international faith in Russia, despite U.S. and EU financial sanctions on Russian firms including Rosneft.

"It is the largest privatization deal, the largest sale and acquisition in the global oil and gas sector in 2016," Putin said.

http://mobile.reuters.com/article/idUSKBN1582OH

I Wonder Wonder Who?



Putin casts an adoring glance at our new Secretary of State.

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Hmmm. X, ex, ecks, something like that C_U_L8R Jan 2017 #1
Oil orangecrush Jan 2017 #2
The Steele Dossier has a deeply similar mention. politicat Jan 2017 #3
That's what I saw too. 19% pay-off to Trump KittyWampus Jan 2017 #4
Yes, the MI6 guy orangecrush Jan 2017 #6
Pootie and Rex will talk far more than Trump and Pootie. sarcasmo Jan 2017 #5
Love orangecrush Jan 2017 #7
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