Russia aims to speed up privatisation of oil group Rosneft
Russia is to sell most of its 85% stake in oil company Rosneft, the ministers of hope BP will acquire a significant stake in the company
The Russian government wantsaccelerate and increase the size of the planned privatization of group of more oil, Rosneft, in the wake of collapsed stock swap with BP.
Ministers plan to sell below its 85% stake in the group of oil in the stock markets of London and Moscow in 2013 if the agreement BP reached.
now seeking to make a difference for next year and said he would be glad if BP bought shares in the company as part of a movement that would see government control below 50%.
The plans were revealed in an exclusive interview with The Guardian by Arkady Dvorkovich, chief adviser economic policies of President Dmitry Medvedev.
"We want Rosneft to normal commercial public company ... The initial proposals of the government were at the beginning [of the sale of shares] in 2013, but may now be postponed to 2012.
"Not for me to say what is the best time would be. It depends on the business and investment banks are working on this," he said.
The suggestion that the failure of BP to win the support of its Russian shareholders of TNK-BP in the large Rosneft had defeated the Kremlin denied.
The collapse of the equity and the Arctic drilling agreement is regrettable, but not something that should expect a further deterioration of the British company in Russia, he said.
"It was not political, but a business and he was not. However, BP is one of the main partners of Russia in the energy sector and we hope to continue to play an important role in Russia and elsewhere. "
Dvorkovich was based on observations made on Friday Medvedev, he opened the St. Petersburg International Economic Forum.
- "This kind of economic model is a danger to the country's future. It's not my choice, "Medvedev said in a speech interpreted by some as the use of accelerated economic development as a message for re-election campaign.
- According to previous plans, the government talked to collect $ 10 billion (£ 6.2 billion) per year from such sales in five years.
And he said that the collection of money that could happen in London, but alternatively could also be done in New York, Hong Kong and Shanghai, even - or more of these. He said the initial or continuing privatization is on the card network operator FCG, the pride of the former Soviet industrialization program, which quietly a list of some of the existing shares in London three months ago.
There are similar plans possible to send the Sovcomflot group, such as banks UTB and possibly some airports.
Find best price for : --Rosneft----Kong----Hong----Dvorkovich--
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