Moscow Sets Conditions for Rosneft Stake

摘要

In preparation for the sale of part of its stake in Rosneft, Moscow has set up limitations that could make the purchase less attractive for any future buyer. According to Russian press reports, the conditions include a three - year ban on the resale of the 19.5% stake, which the government aims to divest to raise some $10 billion to $11 billion, as well as an obligation to vote for the government's representatives to be elected to the oil producer's board of directors.