AP:Rosneft says no foreign banks in Yugansk buy

From AP, via Russia Journal Daily


State-owned firm Rosneft raised $9.35 billion for newly-acquired YUKOS production unit Yuganskneftegaz, some from a consortium of Russian banks, Rosneft president Sergei Bogdanchikov announced, the Associated Press reported.

That version seemed scotched later when China’s foreign ministry said China had not granted Rosneft any loans, though as last year closed, Russia’s central bank said government agencies borrowed about $10 billion in December, finance minister Alexei Kudrin saying last week “it seems this includes the loan Vnesheconombank obtained from Chinese banks to finance Rosneft’s deal.”

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