Exec: Investors from surprising states want Russia’s Rosneft stake

VERONA, Italy, Oct 20 (PRIME) -- The geography of potential investors in a 19.5% Russian government’s stake in oil major Rosneft is very diverse, and some investors are from surprising states, Antonio Fallico, chairman of the board of directors of Bank Intesa, the Russian affiliate of Intesa Sanpaolo, consultant of the privatization, told reporters on Thursday.

“Different countries, a wide geography, I will not disclose details. There are countries that did not even come to our minds. There is a big-big interest in Rosneft but I do not think that Rosneft will be interested in all these investors,” Fallico said.

Rosneft is planned to be privatized until the year’s end. A report by Intesa on whether a strategic investor in the asset has been found will be presented until mid-November. Rosneft is ready to make a buyback of its shares as a temporary alternative, Economic Development Minister Alexei Ulyukayev said on Monday.

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