Economic Development Ministry to spell out its position on THK-BP-Rosneft deal in the near future

Russia's Economic Development Ministry has received documents regarding the purchase of the TNK-BP company by state-owned Rosneft and will spell out its official position on the matter in the nearest future, Russian Deputy Prime Minister Arkady Dvorkovich said on Monday.

"The documents have arrived at the Economic Development Ministry. It will present its position on the issue to the government in the nearest future," he told reporters in Vientiane, adding that it was a matter of a few days.

He refused to comment on the proposed use of Rosneft shares in the purchase by Rosneft of 50 percent of TNK-BP shares from the Alfa Access Renova (AAR) consortium.

In October, Rosneft announced that it had reached a $61-billion deal with shareholders of TNK-BP and British Petroleum (BP) and with the AAR consortium to buy their joint venture.

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