Investors eagerly await Rosneft IPO, Petronas among bidders


  • Nation
  • Friday, 14 Jul 2006

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. 

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

It's 'dingin' in Dungun! Residents brave unusually cold weather
PM Anwar wishes Happy Ponggal, calls for harmony and unity
Calls to reconsider GLC post for ex-rep facing graft case
Cops hunting man posing as police officer in alleged molest, assault case
Man charged with cross-dressing in Terengganu
Cabinet satisfied with Defence Minister's briefing on Armed Forces issues, says Fahmi
Najib could approve SRC board members but didn't nominate them, court told
Cops rule out foul play in fatal university aircon explosion
Fulfilling court order on Sabah's revenue rights a top priority for PM, says Mustapha
Woman, 64, killed in Sibu four-vehicle crash

Others Also Read