Putin approved the privatization of the transfer of “Bashneft” – RBC

Russian President Vladimir Putin

Photo: Mikhail Metzel / TASS

The government’s decision to postpone the sale of “Bashneft” at a later date approved by the president’s press secretary Natalya Timakova premiere. Earlier, she told RBC that the decision to postpone accepted Dmitry Medvedev

President Vladimir Putin approved the government’s decision to postpone the privatization terms of state-owned shares “Bashneft” at a later date, said Tuesday a spokesman for Prime Minister Dmitry . Medvedev Natalia Timakova

«Yes, indeed, the Prime Minister made a decision, and it was approved by the president”, – quotes Timakova TASS

Earlier, federal officials and a source close to the government. , told RBC that the government decided to postpone the privatization of “Bashneft” at a later date. Timakova told RBC that the sale of the transfer took place in Medvedev’s decision.

According to federal sources, the reasons for this decision was the fact that the government has to think about the need to sell the entire company at such a low market. Also played a role to sell 19.5% of “Rosneft” and shares of other companies, the source said. He added that the impact and the letter head of Bashkortostan Rustem Khamitov, who invited President Vladimir Putin to “hold off on privatization».

As told RBC another federal official in his letter Khamitov asked not to privatize “Bashneft” in 2016 or to reduce the government stake to 25%, the company was able to fulfill its social obligations to the republic. Bashkir government owns 25% of “Bashneft” and did not plan to sell their shares, together with the federal government’s share.