China National Petroleum Corporation (CNPC) has bought 66.2252 million shares of the Russian oil company Rosneft for 500 million Euro, a source with the CNPC management told Interfax.
“Earlier reports disseminated by a number of media outlets alleging that the CNPC was willing to invest three billion Euro in Rosneft shares are rumors and are untrue,” the source said. CNPC bought the stock during Rosneft’s recent IPO, the source said.
“We did not have doubts about buying the shares. CNPC’s pa...

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