Russia’s Rosneft might sign an agreement next week to sell a 20 percent stake in Verkhnechonskneftegaz, a subsidiary of Rosneft, to Beijing Enterprises Group Company Limited BEGRP.UL, Russian news agencies reported on Wednesday, citing a source.
The two companies signed in June an agreement on key terms of cooperation, which envisaged a potential deal on selling the stake in Verkhnechonskneftegaz.
Rosneft declined to comment.
(Reporting by Lidia Kelly and Katya Golubkova; additional reporting by Oksana Kobzeva).
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Source: Reuters.com
