“Bashneft” was sold to “Rosneft”

“Bashneft” was sold to “Rosneft”

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The corresponding decree was signed by Prime Minister Dmitry Medvedev

Photo: RIA NOVOSTI/Alexander Astafyev

Prime Minister Dmitry Medvedev signed a decree on the sale of shares of the company “Bashneft” for 329,7 billion. The buyer of “Bashneft” became the state oil company “Rosneft”. The transaction will be held until October 14. The head of government said at a meeting with Deputy Prime Ministers.

— Today I signed the sales order 50,755% of shares of joint-stock oil company “Bashneft”. This sale is in the address of public joint stock company “Oil company “Rosneft” at the price of 329,69 billion rubles, — said the Prime Minister.

The second important issue of the meeting “roller coaster” began deliveries of the Russian gas to Belarus. The Prime Minister said that the gas price will be calculated according to existing formula and no adjustment is assumed.

— I soon held a conversation with Prime Minister of Belarus. We have, unfortunately, for the last time problems have accumulated in relations with the Republic in the oil and gas sector. Due to incomplete payment of the gas delivered to Belarus, there was a debt that continues to grow, — said Dmitry Medvedev.

According to him, the situation with the closest partner of Russia “can not be called normal.”

— To avoid incorrect interpretations, I would like once again to emphasize the fact that the price supplied to Belarus gas remains the same, is calculated by the existing formula, no adjustment is made. But need to pay off debt, to restore normal economic relations. I hope that our Belarusian partners understand this and will do everything, — said Dmitry Medvedev.

At the meeting, Deputy Prime Minister Arkady Dvorkovich said that they with colleagues from Belarus came to a common understand and the debt for gas in the amount of $300 million will be paid until October 20. It is worth noting that Belarus is the entire year seeking lower prices for Russian gas from $132 to $73 per 1 thousand cubic meters earlier today, President of Belarus Alexander Lukashenko said that Minsk and Moscow have practically agreed on the price of gas and “found common ground, found acceptable solutions”.

Vice Prime Minister also noted that the parties confirmed readiness for further negotiations on the future framework of cooperation in the gas sector.

— Based on the fact that the documents of the Eurasian Union we have set a common goal — towards a common electricity market by mid-2019 and the common market of gas by 2025, on this subject, it is necessary to conduct detailed negotiations to reach agreements, — said Arkady Dvorkovich.

After discussing oil and gas issues, Dmitry Medvedev said that the signed document is aimed at alleviating the debt burden of the regions and municipalities. It is assumed that the interest rate on commercial loans of subjects of the Russian Federation will depend on Bank of Russia key rate. According to the Prime Minister, the situation with regional finances are not the easiest and some regions have substantial debts, including commercial.

— Regions and municipalities are forced to pay high interest rates, they spend considerable resources to it. On a new instrument — the interest rate on commercial loans to regions and municipalities will depend on Bank of Russia key rate, and rigidly attached to it, plus some fixed markup, which is defined in a particular document, — said Dmitry Medvedev.