Singapore firm becomes new owner of Rosneft’s 19.5% stake

MOSCOW, Jan 10 (PRIME) -- QHG Shares Pte. Ltd., registered in Singapore, has become a new owner of Rosneft’s 19.5% stake previously bought by a consortium of Switzerland-based Glencore and Qatar Investment Authority, the crude producer said in a statement on Tuesday.

The securities are held by QHG Shares directly. The voting stock power date was December 15, 2016.

Earlier on Tuesday, Rosneft said in its materials that it had concluded a five-year agreement to supply 55 million tons of crude oil to QHG Trading LLP starting January 1, 2017.

(59.8961 rubles – U.S. $1)

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