China National Petroleum Corp. (CNPC) Chairman Wang Yilin confirmed this week his company is considering buying into state - controlled Russian oil major Rosneft, as a Russia - China commission on energy cooperation convened for its latest meeting. In an interview with the Rossiya 24 TV station, Wang pointed out CNPC already has a small stake in Rosneft, Russia's largest oil producer, which it bought in the firm's initial public offering in 2006. Rosneft does not disclose shareholdings below 5%.
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