Russian government privatizes 20% of shares of Rosneft

Baku: Russian Prime Minister Dmitry Medvedev has signed a decision on privatization of 19.5 shares of Rosneft OJSC, APA-Economics reports.

According to decision, the government agrees to privatize 2,066,727,473 shares of the company.

Rosneft chairman Igor Sechin said that the worth of the shares will make $8.12.

Beforehand, Finance Minister Anton Siluanov noted that the Russian budget will get 423 bln rubles from this transaction.

SOURCE: AZERI PRESS NEWS AGENCY