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Russian finance minister says gets proceeds from Rosneft stake sale in full
December 16, 2016 / 4:25 PM / a year ago

Russian finance minister says gets proceeds from Rosneft stake sale in full

MOSCOW (Reuters) - The Russian finance ministry has received in full the proceeds from the sale of a 19.5 percent stake in the country’s largest oil producer Rosneft, the ministry’s press service said on Friday.

The shadow of a worker is seen next to a logo of Russia's Rosneft oil company at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin/Files

The deal is valued at over 710 billion roubles ($11.5 billion).

($1 = 61.6347 roubles)

Reporting by Vladimir Soldatkin; Editing by Alexander Winning

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