By Maya Lester KC & Michael O’Kane

Rosneft sells shares to Qatar and Glencore

Rosneft, a Russian oil company which is subject to restrictions on its access to financial markets pursuant to EU and US sanctions on Russia, has sold $11bn of its shares to Qatar’s sovereign wealth fund and to Glencore. Rosneft said the budget would receive 710.8 billion rubles from the sale, including 18.4 billion rubles in additional dividends from Rosneftegaz, and that Italy’s Intesa…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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