Rosneft Cancels Lukoil-Bashneft Oil Deal

摘要

Russia's largest oil producer Rosneft said on Thursday it had asked peer Lukoil to cancel a crude oil purchasing contract with Bashneft, which RBC daily put at 400 billion rubles ($6.4 billion). Earlier this month Rosneft acquired just over 50% in midsized oil producer Bashneft for 330 billion roubles as part of a government privatization (IOD Oct.13'16).