Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Russia May Delay Rosneft Sale in 2012, Minister Nabiullina Says

Dec. 26 (Bloomberg) -- Russia may delay the sale of OAO Rosneft, the country’s largest oil producer, next year, Economy Minister Elvira Nabiullina said.

“There are different proposals regarding Rosneft’s privatization, including a sale at open market and assets’ exchange as well,” Nabiullina told reporters at a press conference in Moscow today.

Russia can sell stakes in shipper OAO Sovkomflot, OAO Sberbank and VTB banks in 2012, she said.

Russia’s gross domestic product grew 5.4 percent in November compared with a year earlier, and the seasonally adjusted GDP rose 0.3 percent last month from a year earlier, she said. Trade balance was $16.4 billion in November from $10.8 billion a year earlier, the minister said.

To contact the reporter on this story: Ekaterina Shatalova in Moscow at eshatalova@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.