Putin Allows Goldman Sachs to Sell Russian Oil, Gas Shares
This article is for subscribers only.
President Vladimir Putin is permitting Goldman Sachs International to sell shares of Russia’s largest energy producers and some other companies, in a deal currently worth around $87 million, according to an order published Wednesday.
The presidential measure allows the US firm to sell the stocks to Armenia-based Balchug Capital, which in turn can sell them on the market, it said. The deals don’t require additional permission from Russian authorities.