Russia's Rosneft oil giant privatization not planned for 2016 — agency

Russia’s Federal Agency for State Property Management does not plan privatization of the country’s oil major Rosneft for 2016, Head of the agency Olga Dergunova said on Tuesday.

Russia’s Federal Agency for State Property Management does not plan privatization of the country’s oil major Rosneft for 2016, Head of the agency Olga Dergunova said on Tuesday.

"As of today we haven't included [privatization of Rosneft - TASS] in forecast as we have no documents confirming the company’s readiness to effect the deal," she said, adding that Rosimushchestvo will consider the deal once it obtains Rosneft’s propositions

The agency does not consider privatization of the Russian oil producer Rosneftegaz in 2016 either, Dergunova added.

First published by TASS.

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