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Russia's Rosneft plans to close Essar deal in coming days

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Reuters MOSCOW
Last Updated : Aug 08 2017 | 7:08 PM IST

MOSCOW (Reuters) - Russia's Rosneft plans to close the deal to buy a stake in India's refiner Essar Oil in the coming days, Pavel Fyodorov, Rosneft first vice-president, told a conference call on Tuesday.

He added that Rosneft had made around $6 billion in pre-payments to Venezuelan state company PDVSA and had no immediate plans to make any further advance payments soon.

(Reporting by Oksana Kobzeva and Olesya Astakhova; writing by Katya Golubkova; editing by Maria Kiselyova)

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First Published: Aug 08 2017 | 6:59 PM IST

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