Russian Prime Minister Dmitry Medvedev has decided to postpone privatization of the oil company Bashneft, and the decision was supported by the president Vladimir Putin, Medvedev’s press secretary Natalya Timakova reported.
“Yes, the Prime Minister made a decision and the president approved of it – to delay privatization of Bashneft”, Timakova said.
The Federal State Property Management Agency has not yet received such instructions, its spokesperson said.
Putin earlier authorized the sale of the entire government stake in Bashneft to a private investor. The Federal State Property Management Agency owns 50.08% in the company, while the government of the republic of Bashkortostan has a 25% stake. (Prime/Business World Magazine)
