icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Rosneft faces problems attracting investors

Rosneft faces problems attracting investors
Rosneft could struggle to attract investment from cash rich pension funds because the oil company has failed to obtain an A1 blue chip listing on Russia's RTS and MICEX exchanges.

To meet the listing requirements, shareholders aren’t allowed to own more than 75 percent of the company’s stock. Currently, the state owns in excess of 85 percent of Rosneft. However, it has no plans to sell a stake to a strategic investor and is looking at other ways of reducing the major share held by the state.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.