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Rosneft may sign deal to sell stake in Verkhnechonskneftegaz to Beijing Enterprises - agencies

Published 02/11/2016, 15:20
Updated 02/11/2016, 15:30
© Reuters. Workers stand next to logo of Russia's Rosneft oil company at central processing facility of Rosneft-owned Priobskoye oil field outside Nefteyugansk

MOSCOW (Reuters) - 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 , 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.

© Reuters. Workers stand next to logo of Russia's Rosneft oil company at central processing facility of Rosneft-owned Priobskoye oil field outside Nefteyugansk

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