Russian firms, Trafigura to buy India's Essar Oil for $12-$13 billion - sources

NEW DELHI (Reuters) - Russian oil major Rosneft, along with European trader Trafigura and Russian fund UCP, will acquire 98 percent in India's Essar Oil for about $12-$13 billion, two sources with direct knowledge of the deal told Reuters on Thursday.

Rosneft will get 49 percent and the two investors - Trafigura and UCP - will hold the remaining 49 percent in equal parts, the sources said.

(Reporting by Nidhi Verma; Editing by Douglas Busvine)