Friday, December 16, 2016

The Ministry of Finance of the Russian Federation: the budget was the money for the shares to Rosneft – Economy News

Print the Finance Ministry on Friday announced a complete transfer of funds from privatization of 19.5% stake in Rosneft in the Russian budget.“the Ministry of Finance of Russia confirms the receipt of funds from privatization of 19.5% stake in Rosneft. Funds received on account of the Federal Treasury of Russia in full volume”, – said the Ministry of Finance.

“Rosneftegaz” in the morning on Friday announced the receipt of money from the sale of 19.5% stake in Rosneft and about the preparations for the transfer of 710,8 billion rubles to the Russian budget.

“So the state budget will receive 710,8 billion rubles on the results of privatization of 19.5% stake in PJSC “NC “Rosneft”. The total volume of Federal budget revenues as a result of implementation of an integrated transaction for the privatization of shares of JSC “Bashneft” and JSC “NK “Rosneft” will amount to 1 trillion 040,4 billion rubles,” – said Rosneftegaz.

last week the head of “Rosneft” Igor Sechin reported to Russian President Vladimir Putin about the completion of the transaction on privatization of 19.5% stake in Russia’s biggest oil company for €10.5 billion.

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