Rosneftegaz to Spend $4 Billion on State Units, Vedomosti Says
State-owned Rosneftegaz may spend as much as 130 billion rubles ($4 billion) to buy new shares of Russia’s state companies in the energy sector, Vedomosti reported today, citing government officials it didn’t name.
The deal is proposed as a part of Russia’s privatization plan approved by the President Vladimir Putin May 22, the newspaper said. It is not clear yet in which state companies Rosneftegaz may invest, Vedomosti said.
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