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2016-02-16 19:25:00

ROSNEFT & SAUDI MERGER

ROSNEFT & SAUDI MERGER

Oil giant Rosneft is interested in the privatization of Saudi Arabia's national petroleum company Saudi Aramco, according to Rosneft CEO Igor Sechin who made the statement at the International Petroleum Week forum in London.

"We are very interested in possible privatization of Saudi Aramco and we would support such a decision. We think that moving in this direction will help the company increase transparency of its operation and give market participants a significant volume of new information about its potential including resources and effectiveness of its work," he said.

According to the official, the privatization…

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Tags: ROSNEFT, SAUDI, OIL,
Chronicle:
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