The government of Bashkortostan, Bashneft’s regional base, has joined Rosneft’s law suit against former Bashneft owner Sistema, after Rosneft upped its damages claim by 60pc to around $3bn. Rosneft and Bashkortostan are claiming Rbs170.6bn ($3.02bn) from Sistema, for alleged asset-stripping and financial losses at Bashneft, up from the Rbs106.6bn originally demanded by Rosneft.
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