Indian Consortium to Pay $2.1 bln for Stake in Rosneft's Vankor
A consortium of Indian oil companies will pay just over $2 billion for a 23.9 percent 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.
(Reporting by Maria Kiselyova)
