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Glencore PLC and Qatar have agreed to sell the bulk of their nearly 20% stake in Russian oil giant PAO Rosneft to a Chinese energy company.
The deal, worth about 9 billion U.S. dollars, gives China Energy Fund Committee (CEFC) a 14.2% stake in Rosneft.
This makes CEFC the third-largest investor1 in Rosneft behind the Russian authorities, which owns half of the company, and BP PLC, which owns about 20%.
For more on this, the Beijing Hour’s Shane Bigham spoke2 earlier with CRI’s financial analyst3 Einar Tangen.
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1 investor | |
n.投资者,投资人 | |
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2 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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3 analyst | |
n.分析家,化验员;心理分析学家 | |
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