The government discussed two options for the privatization of the state stake in Bashneft (of 50.08% of the share capital), according to the newspaper “Kommersant”.

According to the first, the investment consultant “VTB Capital” must within a week to interview applicants for the package, how much they are willing to pay for it. Under the second option, Rosneft buys Bashneft trades about 325 billion. And it is this development sources believe the most likely.

According to sources, LUKOIL actually came out of the fight, deeming the price too high. Other contenders – Tatneft, RussNeft, Russian direct investment FUND with partners, Fund Energy Igor Yusufov, NOCS, Antipinsky oil refinery and “Tatneftegaz” – seriously, not taken into account. According to interlocutors of “Kommersant”, the deal “Bashneft” can happen in the coming weeks or even days.

The option of privatization of “Bashneft”, in which a controlling stake will get “Rosneft” looked most likely on Friday, when first Deputy Prime Minister Igor Shuvalov announced that it suspended in August privatization is resumed, the article notes. Shuvalov also said that “Rosneft” will be able to participate in the privatization, although this approach is still met strong opposition from officials in the government and the presidential administration.

Prime Minister Dmitry Medvedev on the eve confirmed the plans of the government to privatize state blocks of shares of “Bashneft” and “Rosneft” in 2016. The head of government said during a meeting with Russian businessmen in the framework of international investment forum “Sochi-2016″.



“Kommersant”, “Rosneft” can buy “Bashneft” for 325 billion roubles without tendering 03.10.2016

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