China invests $9.1 billion in Rosneft as Glencore, Qatar cut stakes

September 9, 2017 by  
Filed under News

MOSCOW/BEIJING (Reuters) – Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing.

Source: Reuters Business News

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