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Russia May Sell Stake in TNK-BP in Future
30.01.2013 08:17
Russia May Sell Stake in TNK-BP in Future

The Russian Prime Minister dispelled growing concerns that Russia is building a new supermonopoly, this time in the oil sector, after the acquisition of TNK-BP by Rosneft.

The state might decrease its share in TNK-BP in the short-term, admitted the cabinet head. 

In an interview with the Swiss Neue Zurcher Zeitung, he said that the government had to step in “to maintain balance” in the sector. He said it’s a major international brand and the government cared about its future.

Rosneft is planning an SPO, he added, meaning that the benefits of the biggest deal in modern Russian history will be shared by other investors.

Author: Mikhail Vesely

Tags: Gazprom Rosneft Russian oil companies TNK-BP  

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