Indian consortium to pay $2.1 bln for stake in Rosneft's Vankor
A preliminary pact was signed by the companies in March but financial details were not disclosed
 "The logo of the Russian state oil company Rosneft is pictured behind a pipe at the Samotlor oil field outside the West Siberian city of Nizhnevartovsk, Russia")
The logo of the Russian state oil company Rosneft is pictured behind a pipe at the Samotlor oil field outside the West Siberian city of Nizhnevartovsk, Russia
A consortium of Indian oil companies will pay just over $2 billion for a 23.9% stake in Russian oil producer Rosneft's Vankor oil field, Interfax news agency cited sources as saying on Friday.
The deal, signed by Rosneft with Indian Oil Corporation, Bharat Petroleum Corporation's unit Bharat Petro Resources Ltd, and Oil India Ltd on Friday, is worth $2.1 billion, Interfax quoted one of the sources close to the deal as saying.
A preliminary pact was signed by the companies in March but financial details were not disclosed.
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First Published: Jun 17 2016 | 8:20 PM IST