Wednesday, May 25, 2016
Petronas denies talk of assets, stake sale to Russians
"We wish to clarify that Petronas has not been and is currently not in discussions with any Russian party for the abovementioned purpose," Petronas said in a statement today.
The company was referring to a number of press reports originating from Russia on purported discussions for the corporate exercise.
Last Friday, Russian state news agency TASS reported Energy Minister Alexander Novak as saying that state-controlled Zarubezhneft was in talks with Petronas regarding the purchase of its assets.
The assets in question, reports claimed, purportedly included oil and gas fields complete with production platforms and rigs.
Posted by wikisabah at 3:24:00 PM