Glencore and Qatar buy stake in Russia's Rosneft
The Russian government has sold a large stake in Rosneft to commodity trader Glencore and a fund managed by the state of Qatar. The sale worth USD 11 billion is described by Putin as one of the biggest transactions in the oil and gas sector this year.
BY NIKLAS KRIGSLUND, SHIPPINGWATCH
Commodity trading company Glencore along with a fund controlled by the state of Qatar has bought a stake in Russian oil giant Rosneft.
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