MOSCOW (Sputnik) – The source told the Vedomosti newspaper that Glencore was not interested in participating in managing the state-owned Rosneft company.
On January 3, Glencore and Qatar's sovereign wealth fund closed the deal on the purchase of 19.5 percent of Rosneft stake.
In December 2016, a Rosneft spokesman said the representation of Glencore and Qatar’s fund in the board would be proportional to their obtained shares.