Investors eagerly await Rosneft IPO, Petronas among bidders

ST. PETERSBURG, Russia: Investors on Friday eagerly awaited the pricing for shares in OAO Rosneft, the state-run oil giant that became Russia's third largest crude producer after the politically charged dismantling of the Yukos oil group. 

As much as US$6 billion in provisional bids have reportedly been pledged by BP PLC, China National Petroleum Corp. and Malaysia's Petronas, while interest from Russian citizens has been estimated at as high as US$1 billion.