Duo buys $10.8 Bn Rosneft stake

摘要

Trader Glencore and Qatar’s sovereign wealth fund have agreed to pay US $10.83 Bn (?10.2 Bn) for a 19.5% stake in Rosneft - Russia’s largest oil producer - from the Russian government. The move is seen as a triumph for President Vladimir Putin over sanctions imposed by the USA and the European Union, Bloomberg reported. It is the biggest foreign investment in Russia since the crisis in Ukraine.