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Now Not Best Time to Privatize Russia’s Rosneft Oil Company – BP President

Sputnik International

BP President Bob Dudley said that now it is probably not the right time to privatize Rosneft due to oil prices. 10.02.2016, Sputnik International

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2016-02-10T10:49+0000

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Now Not Best Time to Privatize Russia’s Rosneft Oil Company – BP President

10:38 GMT 10.02.2016 (Updated: 10:49 GMT 10.02.2016)

BP Group Chief Executive Bob Dudley - Sputnik International

BP President Bob Dudley said that now it is probably not the right time to privatize Rosneft due to oil prices.

View of the Ivan the Great Belfry and the Moscow Kremlin's palaces and churches from the roof of the Lenin Russian State Library, Moscow - Sputnik International

Privatization is the Atlanticist Strategy to Attack Russia

8 February 2016, 09:04 GMT

LONDON (Sputnik) – Now is not the right time to privatize Russia’s oil giant Rosneft with oil prices at the current level in agreeance with Rosneft President Igor Sechin on the idea, BP President Bob Dudley said Wednesday.

"I don't think we will see $100 oil for a while. I agree with Mr Igor Ivanovich [Sechin], now it is probably not the right time to privatize Rosneft with these prices,” Dudley said.