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Rosneft CEO says firm has received funds from Qatar/Glencore deal
December 16, 2016 / 7:48 AM / a year ago

Rosneft CEO says firm has received funds from Qatar/Glencore deal

TOKYO (Reuters) - Rosneft Chief Executive Igor Sechin said on Friday that his firm had received funds from the sale of a 19.5 percent stake in the company to the Qatar Investment Authority (QIA) and commodities trader Glencore.

The logo of Russia's Rosneft oil company is pictured at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. Picture taken August 4, 2016. REUTERS/Sergei Karpukhin

The money was in the process of being transferred to Russia’s state budget, Sechin said.

Reporting by Katya Golubkova; Writing by Andrew Osborn; Editing by Peter Hobson

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