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Japan may outline major Russian investment

  • Japan will propose a broad cooperation in the energy sector with Russia today that could include a nearly $10B investment in state-owned oil giant Rosneft (OTCPK:RNFTF), the Nikkei reports.
  • In other Russian news, companies building a multi-billion dollar bridge to link the mainland with annexed Crimea have been targeted by the U.S. in an updated sanctions blacklist, including several subsidiaries of Gazprom (OTCQX:GZPFY).
  • ETFs: RSX, RUSL, RUSS, ERUS, RSXJ, RBL

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Public Joint Stock Company Rosneft Oil Company