Putin Said to Weigh $11 Billion Rosneft Sale to China, India

  • Russia selling 19.5% stake as ‘we need the money,’ Putin says
  • ‘We’re not rivals,’ Indian Oil Minister Pradhan says of China

Russia May Sell Stakes in Rosneft

Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years.

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