Rosneft Legally Entitled to Bid for Bashneft, Ministry Says

Updated on
  • Offering is about getting highest possible price: Tarasenko
  • Sale may take place this year, draw Russian and foreign bids

Russian oil giant Rosneft PJSC is entitled by law to bid in Bashneft PJSC’s privatization even though it’s state-controlled, according to the Economy Ministry.

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