December 16, 2016 / 5:23 AM / 7 months ago

Russia's Rosneftegaz says receives proceeds from Rosneft stake sale

1 Min Read

MOSCOW, Dec 16 (Reuters) - Russian state holding company Rosneftegaz said on Friday it had received proceeds from the sale of a 19.5-percent stake in oil company Rosneft.

Rosneftegaz said the 710.8 billion roubles ($11.5 billion) in proceeds would be transferred to Russia's budget according to schedule. ($1 = 61.8985 roubles) (Reporting by Vladimir Soldatkin; Writing by Maria Kiselyova; Editing by Joseph Radford)

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