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Russia's Rosneft plans to close Essar deal in coming days

Reuters  |  MOSCOW 

MOSCOW (Reuters) - Russia's Rosneft plans to close the deal to buy a stake in India's refiner Essar Oil in the coming days, Pavel Fyodorov, Rosneft first vice-president, told a conference call on Tuesday. He added that Rosneft had made around $6 billion in pre-payments to Venezuelan state company PDVSA and had no immediate plans to make any further advance payments soon. (Reporting by Oksana Kobzeva and Olesya Astakhova; writing by Katya Golubkova; editing by Maria Kiselyova)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, August 08 2017. 18:59 IST