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1. www.ft.com › content › 364bbc76-85df-382f-bd2e-e039Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com › content › 364bbc76-85df-382f-bd2e-e039

   The sale of Bashneft, Russia’s sixth-largest oil company, is the largest deal concluded under a sweeping privatisation programme unveiled by president Vladimir Putin earlier this year to raise ...

2. www.ft.com › content › 4b1b4a90-8bdc-11e6-8aa5-f79fMoscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com › content › 4b1b4a90-8bdc-11e6-8aa5-f79f

   The Bashneft deal is the latest twist in the convoluted history of the company, whose assets are mainly located in the central Russian region of Bashkortostan.

3. www.rferl.org › a › bashneft-sale-rosneft-provides-5Bashneft Sale To Rosneft Provides $5.2 Billion For Kremlin Budget

   www.rferl.org › a › bashneft-sale-rosneft-provides-5

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   Oct 13, 2016 · Print. Russia's state-run oil firm Rosneft bought a majority stake in Bashneft for $5.2 billion, providing a major cash infusion to fill deficits in the Kremlin's budget. While initially ...

4. en.wikipedia.org › wiki › BashneftBashneft - Wikipedia

   en.wikipedia.org › wiki › Bashneft

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   Bashneft is a Russian oil company formed by the transfer of the oil related ... Bashneft acquired a 100% stake in Russian oil firm Burneftegaz in a deal totalling ...

5. www.ft.com › content › aa21a53c-534e-11e6-9664-e0bdcState-owned Rosneft bids in Russian oil group ‘privatisation’

   www.ft.com › content › aa21a53c-534e-11e6-9664-e0bdc

   Jul 26, 2016 · Bashneft’s current market value is Rbs466bn ($7.1bn), meaning a controlling stake would be worth just over $3.5bn. The potential deal marks the latest twist in the company’s convoluted history.

   • Author: Jack Farchy

6. www.reuters.com › article › businessPutin says Rosneft buy of Bashneft gives impetus to ...

   www.reuters.com › article › business

   Oct 12, 2016 · The Bashneft deal has caused tensions, with the government postponing the sale in August to calm rivalry among powerful groups before September parliamentary elections.

7. People also ask

   What is the Bashneft deal?

   • The government unveiled a wide-ranging privatisation programme at the start of the year but has so far only sold a minority stake in Alrosa, a diamond miner. The Bashneft deal is the latest twist in the convoluted history of the company, whose assets are mainly located in the central Russian region of Bashkortostan.

   Moscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com/content/4b1b4a90-8bdc-11e6-8aa5-f79f5696c731

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   Who owns Bashneft?

   • Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Russia’s government has approved the purchase by Rosneft of a controlling stake in Bashneft, the country’s sixth-largest oil company, cementing the dominance of the state oil group and Igor Sechin, its chief executive, over the Russian oil sector.

   Moscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com/content/4b1b4a90-8bdc-11e6-8aa5-f79f5696c731

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   What is Rosneft doing with Bashneft?

   • Rosneft cements Russian oil dominance with $5.2bn Bashneft deal Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rosneft has acquired Bashneft for 329.7bn roubles ($5.2bn), cementing the dominance of the state oil group and Igor Sechin, its chief executive, over the Russian oil sector.

   Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com/content/364bbc76-85df-382f-bd2e-e039af2fdf1f

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   Is Bashneft a good investment?

   • Bashneft is one of the most attractive assets put up for sale under the privatisation programme. It is one of the few Russian oil companies that has significantly lifted output in recent years, with production rising more than 50 per cent since 2010 and with prospects of further growth.

   Moscow clears oil giant Rosneft’s move to buy Bashneft

   www.ft.com/content/4b1b4a90-8bdc-11e6-8aa5-f79f5696c731

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   Why did Putin buy Bashneft?

   • The sale of Bashneft, Russia’s sixth-largest oil company, is the largest deal concluded under a sweeping privatisation programme unveiled by president Vladimir Putin earlier this year to raise money amid falling oil prices.

   Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com/content/364bbc76-85df-382f-bd2e-e039af2fdf1f

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   How will Rosneft & Bashneft deal affect Russia?

   • The deal will further consolidate Russia’s oil sector under Rosneft, which when combined with Bashneft would control 42 per cent of the country’s oil production, 37 per cent of refining capacity and a quarter of its petrol stations, according to analysts at Otkritie Capital.

   Rosneft cements Russian oil dominance with $5.2bn Bashneft deal

   www.ft.com/content/364bbc76-85df-382f-bd2e-e039af2fdf1f

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8. ca.finance.yahoo.com › news › putin-says-rosneft-buyPutin says Rosneft buy of Bashneft gives impetus to privatization

   ca.finance.yahoo.com › news › putin-says-rosneft-buy

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   Oct 12, 2016 · By Oksana Kobzeva and Darya Korsunskaya MOSCOW (Reuters) - The Russian government's sale of a controlling stake in mid-sized oil firm Bashneft to the country's largest oil producer Rosneft should give momentum to Russia's privatization drive, President Vladimir Putin said on Wednesday. The Economy Ministry said that the government had completed the sale of the Bashneft stake to Kremlin-owned ...