RDIF was not involved in the privatization of 19.5% of Rosneft

РФПИ не участвовал в приватизации 19,5% "Роснефти"

The Russian direct investment Fund was not involved in the transaction for the privatization of 19.5% of Rosneft, said a source close to the RDIF.

On Wednesday, the head of Rosneft Igor Sechin announced the completion of the privatization of the company: state-owned shares were bought by a consortium of Glencore and Qatar’s sovereign Fund, the amount of the transaction amounted to € 10.5 billion.

“RDIF in the transaction did not participate, but the Fund it is welcomed,” said the source.

In a press-service of the Russian direct investment FUND does not comment on this information.

RDIF and Qatar’s sovereign wealth Fund (Qatar Investment Authority, QIA) are partners since 2014 and are already working on a number of projects, including investments in the international airport “Pulkovo”.

Source