Thursday, January 26, 2017

The arrival of Glencore and QIA in “Rosneft” will not affect the relationship of BP with the Russian company – TASS

LONDON, January 25. /TASS/. The arrival of new shareholders “Rosneft” – Glencore and Qatar Investment Authority (Qatar’s sovereign Fund QIA) – has no effect on the relationship of BP with the Russian company. The journalists said the head of the British company, Robert Dudley.

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“This has no impact on the role of BP in the company”, he said answering the question of TASS, will the arrival of new shareholders in Rosneft in Russia, the company from BP.

“the country (Russia – approx. TASS) has a goal to privatize a certain percentage of shares (Rosneft – approx. TASS). We feel comfortable after what they (Rosneft – approx. TASS) did,” said Dudley.

in addition, he stressed that the British company is very satisfied with their relationship with Rosneft and with the leadership of the company.

At the beginning of January 2017, the oil trader Glencore and Qatar Investment Autority closed the acquisition of 19.5% of Rosneft shares. Earlier, the consortium signed an agreement for the sale of 19.5% of Rosneft shares for 692 billion rubles.

the Russian Budget received from privatization 710,8 billion rubles, including 18 billion rubles due to the additional dividends of “Rosneftegaz”, provided the changed dividend policy approved by the Board of Directors of “Rosneft” in the framework of the preparation for the privatization of the company. BP owns a 19.75% stake in Rosneft.

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