The Kremlin announced on elaboration of options for the privatization of “Rosneft”

Study the issue of privatization almost 20% of shares of “Rosneft” continues, discusses the various options. This was stated on Monday, June 20, the press Secretary of the Russian President Dmitry Peskov, reports TASS.

Answering the question of whether to purchase “Rosneft” investors from China and India, he said that no single preferred option no. “There is a balance between expediency on the future composition of shareholders and for cost, that is, the income that Russia will receive in the privatization”, — said Peskov.

Bloomberg, citing two sources familiar with the situation said on Monday that the Russian government is preparing the sale of 19.5% Rosneft would prefer a collaborative deal with India and China.

Friday, 17 June, Indian oil Minister Dharmendra Pradhan said that this possibility cannot be ruled out. “We are not competitors,” said Pradhan in an interview on the sidelines of the St Petersburg international economic forum (SPIEF). He noted that the Indian oil Corporation Oil & Natural Gas Corp. (ONGC) and the Chinese state Corporation China National Petroleum Corp. (CNPC) already have joint projects and “it would be good to sign new contracts.

Minister of energy Alexander Novak during the forum, said that Russia would welcome the interest of privatization and from China and India, however, refused to comment on a possible joint deal.