Russia's VTB CEO says ready to provide loan to CEFC for Rosneft stake:
"VTB, Russia’s No.2 bank, is ready to provide a loan to China’s CEFC so it can buy a stake in Rosneft, the country’s top oil producer, VTB Chief Executive Andrey Kostin told Reuters in an interview. “We are ready to provide a loan, all the documents have been signed and decisions were made. Therefore, there are no issues from our side,” Kostin said. He declined to comment on why the deal was not yet closed. CEFC plans to buy a 14.16 percent stake in Rosneft from a consortium of Glencore and the Qatar Investment Authority, strengthening energy ties between Moscow and Beijing. VTB was ready to provide a 5 billion euro loan under the deal."
'via Blog this'
No comments:
Post a Comment