The Glencore commodities giant has completed the sale of 14.16-percent stake in Russia's Rosneft to the Qatar Investment Authority (QIA), the company said in a statement on Friday.
MOSCOW (Pakistan Point News / Sputnik - 07th September, 2018) The Glencore commodities giant has completed the sale of 14.16-percent stake in Russia's Rosneft to the Qatar Investment Authority (QIA), the company said in a statement on Friday.
"Glencore refers to the announcement on 4 May 2018 concerning the Consortium's agreement to sell a 14.16% stake in Rosneft to a wholly owned subsidiary of QIA. This transaction has now completed," the statement read.
