The arrest of Russian Economy Minister Alexei Ulyukayev, accused of receiving a $2 million bribe for supporting Rosneft's acquisition of a 50% stake in Bashneft earlier this year, came as a shock to the market. The corruption scandal, involving a key player in the privatization process, raised a whole string of questions that are yet to be answered.Nadia Rodova, managing editor at S&P Global Platts bureau in Moscow, Rosemary Griffin and Nastassia Astrasheuskaya, Moscow-based editors for oil news, discuss what impact the development could have on the planned privatization of a 19.5% stake in Rosneft and on investors' sentiment more broadly.
We welcome any feedback or suggestions for topics. Contact us at email@example.com.
Oilgram News brings fast-breaking global petroleum and gas news to your desktop every day. Our extensive global network of correspondents report on supply and demand trends, corporate news, government actions, exploration, technology, and much more.
@PlattsOil on Twitter
@PlattsGas on Twitter