Putin awarded the order of the participants in the transaction for the privatization of “Rosneft”

The President of Russia Vladimir Putin has signed the decree about awarding of heads of the Qatari sovereign Fund, commodity trader Glencore and Bank Intesa with the state awards. The corresponding document was published on the official Internet portal of legal information on Monday, April 10.

The medal of Honor was awarded to the Chairman of the Board of Directors of Intesa Bank Antonio Fallico. — The order of Friendship, the Executive Director of the Qatari sovereign Fund al-Thani Abdullah bin Mohammed bin Saud, as well as the General Director of Glencore Ivan glasenberg.

These companies participated in the transaction on privatization of shares of “Rosneft”.

Putin met with their representatives on January 25. The head of state expressed confidence that the business of these companies in Russia will develop.

Earlier in the same month, Glencore and Sovereign wealth Fund of Qatar has completed the purchase of 19.5% of Rosneft shares. The amount of the transaction amounted to 10.2 billion euros. The results of the privatization of shares of the Russian state budget received 710,8 billion (11.1 billion dollars, or 10.5 billion euros).

Agreement for the sale of the company’s shares was signed on 10 December. Six days later the head of “Rosneft” Igor Sechin reported to Putin about the transfer of money to the budget from privatization.