Rosneft bought a state stake in Bashneft

The deal on the purchase by Rosneft of the state-owned stake in Bashneft has been closed. This was reported by the press service of the Ministry of Economic Development, RIA Novosti reports .

Rosneft has acquired 88,951 of the company's ordinary shares, or just over 50% of the company's authorized capital, the ministry said.

"The entire amount - 329.69 billion rubles - will go to the budget of the Russian Federation," said Minister of Economic Development Alexei Ulyukaeva.

an order to sell the company's shares. signed Earlier , Russian Prime Minister Dmitry Medvedev Last week, the Russian government published a directive on the sale of Bashneft, signed by First Deputy Prime Minister Igor Shuvalov. It said that the amount of the transaction should not exceed 330 billion rubles.

At the end of May, Bashneft was officially included in the privatization program. Then the head of the Ministry of Economic Development, Alexei Ulyukaev, said that the department was working with three applications for participation in privatization. As a result, the oil company was sold without competition.