Rosneft, together with international trader Trafigura and Russia's independent fund United Capital Partners, could this week close a $12.9 billion agreement to purchase Indian Essar Oil, a deal that will open the world's fastest-growing oil market to the Russian state-controlled major. According to sources both in Russia and in India, the transaction agreed last October is expected to be finalized by Mar. 31, although it could be delayed by several days because of the massive number of documents needed for it.
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