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Report: Russia could privatize Rosneft stake this year

Russia could privatize a 19.5% stake in oil producer Rosneft (RNFTF) this year or in 2015, at least a year earlier than planned, Reuters reports in citing a Russian newspaper quoting government sources.

A 19.5% stake would be worth 469.1B rubles ($13.5B) at current market values.

The state owns 69.5% of Rosneft, and eventually plans to reduce its shareholding to 50% plus one share.

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