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Russian oil giant seeks funds earmarked for pensions
Reuters ^ | Aug. 14, 2014 | Katya Golubkova and Dmitry Zhdannikov

Posted on 08/14/2014 1:45:36 PM PDT by Berlin_Freeper

Russia's Rosneft , which produces more oil than Iraq or Iran, is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.

Analysts expected the Russian government to turn down the proposal by the world's largest listed oil producer, one fifth owned by BP and run by a close ally of President Vladimir Putin, unless political pressure is brought to bear.

It was one of the most stunning of several proposals for the Russian state to help firms hit by U.S. and European sanctions over Moscow's annexation of Crimea in March and role in subsequent fighting in eastern Ukraine.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; Russia
KEYWORDS: energy; oil; rosneft; ukraine

1 posted on 08/14/2014 1:45:36 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Russia quickly moving back to , We Pretend to work and they Pretend to pay us.


2 posted on 08/14/2014 1:49:50 PM PDT by molson209 (Blank)
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To: molson209

Let’s see how long they can pretend to eat.


3 posted on 08/14/2014 1:52:25 PM PDT by Berlin_Freeper
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To: molson209

Crimea Board of Tourism: “Please come visit, our beaches are empty.”


4 posted on 08/14/2014 1:53:28 PM PDT by 1rudeboy
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To: Berlin_Freeper

Gotta pay their Freepers somehow. LOL!


5 posted on 08/14/2014 2:04:27 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Berlin_Freeper

There was a headline about Gazprom yesterday - first 6 months of 2014 its profit is down 36%

http://www.rosbalt.ru/main/2014/08/13/1303539.html


6 posted on 08/14/2014 2:35:18 PM PDT by Ivan Mazepa
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To: 1rudeboy

LOL


7 posted on 08/14/2014 3:18:24 PM PDT by KOZ.
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