Rosneft Agrees to Sell Siberia Stake as Putin Boosts China Ties

  • Beijing Enterprises has right to buy 20% of Verkhnechonsk unit
  • Russia’s largest oil producer may close deal in fourth quarter

Rosneft PJSC, the world’s largest publicly traded crude producer, agreed to sell a stake in a key unit to China as Russian President Vladimir Putin seeks to bolster energy ties with Asia.

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