Qatar has teamed up with commodities group Glencore to buy a 19.5% stake in Russian oil giant Rosneft for 10.5 billion euros ($11.3 billion).
President Vladimir Putin clearly wants the proceeds from the privatization fast.
In a summary of a meeting with Rosneft CEO Igor Sechin posted on the Kremlin’s website, Putin asked how soon the money would land in the Russian budget.
“We will receive the first money transfers from our foreign investors in the next few days,” Sechin replied.
