The government agreed on the privatization of 19.5% of Rosneft, agencies recognized
The Cabinet of Ministers of the Russian Federation agreed on the privatization of the 19.5% of the Rosneft State Conference, the agencies of RIA Novosti and TASS say, citing its sources. Formally agreed the alienation of 19.5% of Rosneft shares in Rosneftegaz for subsequent privatization, and the decree has yet to be signed by the Prime Minister Medvedev. According to RIA, the privatization price should not be lower than the 2006 IPO, that is, $ 7.55 per share.