Friday, August 19, 2016

RPT-Russia takes budget gamble by shelving Bashneft stake sale

MOSCOW, Aug 18 (Reuters) - A surprise delay to Russia's

privatisation of mid-sized oil producer Bashneft does not bode

well for plans to sell a stake in energy giant Rosneft this

year. A failure of that deal too would deal a heavy blow to

state finances.

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