1 WHY IS MONGOLIA OVERDOSING ON ANTIBIOTICS WWW.OZY.COM PUBLISHED:2018/12/16      2 MONGOLIA'S CENTRAL BANK KEEPS KEY INTEREST RATE UNCHANGED WWW.XINHUANET.COM PUBLISHED:2018/12/15      3 OVER 36,500 SIGN PETITION URGING UN ATTENTION TO AIR POLLUTION IN MONGOLIAN CAPITAL WWW.XINHUANET.COM PUBLISHED:2018/12/15      4 EXPERTS WARN OF POTENTIAL OBSTRUCTION TO EXPORT PLAN IN 2019 WWW.ZGM.MN PUBLISHED:2018/12/14      5 MONGOLIA'S CRIME CASES UP 14.6 PCT IN FIRST 11 MONTHS WWW.XINHUANET.COM PUBLISHED:2018/12/14      6 CANADIAN COAL PLANTS TO BE PHASED OUT BY 2030 WWW.MINING.COM PUBLISHED:2018/12/14      7 MONGOLIA TO INAUGURATE TRADE REPRESENTATIVES OFFICE IN TOKYO WWW.ZGM.MN PUBLISHED:2018/12/14      8 NORTH KOREAN ATHLETES TO PARTICIPATE IN MONGOLIA’S BASKETBALL LEAGUE WWW.NEWS.MN PUBLISHED:2018/12/14      9 US CITIZEN FOUND DEAD IN UB HOTEL WWW.NEWS.MN PUBLISHED:2018/12/14      10 JAPAN, MONGOLIA CONFIRM COOPERATION OVER N. KOREAN ABDUCTION ISSUE WWW.MAINICHI.JP PUBLISHED:2018/12/14      ҮСХ: НҮҮРСНИЙ ЭКСПОРТ САРЫН ДҮНГЭЭР 38%-ИАР БУУРАВ WWW.MONGOLIANMININGJOURNAL.COM НИЙТЭЛСЭН:2018/12/14     МАЛ ТООЛЛОГО ҮРГЭЛЖИЛЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/14     CHANGE.ORG: УЛААНБААТАР ХОТЫН АГААРЫН БОХИРДЛЫН ЭСРЭГ ӨРГӨДӨЛ 35 МЯНГАН ДЭМЖИГЧТЭЙ БОЛЛОО WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     990 АЙЛЫГ 0,4КВТ-ЫН ЭРЧИМ ХҮЧНИЙ ЭХ ҮҮСВЭРТ ХОЛБОЛОО WWW.UNUUDUR.MN  НИЙТЭЛСЭН:2018/12/14     МОНГОЛ, ЯПОН ХОЁР УЛСЫН ЕРӨНХИЙ САЙД НАР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАВ WWW.NEWS.MN НИЙТЭЛСЭН:2018/12/14     УЛААНБААТАР ХОТЫН ИНФЛЯЦИ 9.3 ХУВЬ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     ЧАНАРГҮЙ ЗЭЭЛИЙН ХЭМЖЭЭ ӨМНӨХ ОНЫ МӨН ҮЕЭС 911 ТЭРБУМ ТӨГРӨГӨӨР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     АЛТНЫ ИЛ ТОД БАЙДАЛ ХУМИГДАЖ БОЛЗОШГҮЙ WWW.ZGM.MN НИЙТЭЛСЭН:2018/12/14     АГААРЫН БОХИРДЛЫГ БУУРУУЛАХАД БНСУ-ЫН БАНКНААС 60 САЯ АМ.ДОЛЛАР ЗЭЭЛНЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/13     2019 ОНД ЭКСПОРТЫН ОРЛОГО ТӨЛӨВЛӨСӨН ХЭМЖЭЭНД ХҮРЭХГҮЙ БАЙХ БОДИТ ЭРСДЭЛ БАЙНА ГЭЖ ЭДИЙН ЗАСАГЧИД АНХААРУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/13    

China to become co-owner of Russia's biggest oil company www.rt.com

Chinese state-controlled Huarong Asset Management has bought a 36.2 percent stake in the unit of CEFC China Energy through which CEFC is acquiring a $9.1 billion stake in Russian oil giant Rosneft.

According to CEFC filings seen by Reuters, Huarong has bought the stake in CEFC in two tranches, one in December and one in February. Huarong is controlled by China’s Ministry of Finance.

In September, CEFC Energy announced plans to acquire 14.16 percent of Rosneft shares from Glencore and the Qatar Investment Authority (QIA).

“The final structure of Rosneft's shareholders has been formed,” Rosneft CEO Igor Sechin told Rossiya 24 television.

As part of a long-term agreement, Rosneft and CEFC Energy inked a deal on crude oil deliveries in 2017. According to the agreement, the Russian oil major will supply CEFC with 60.8 million tons of oil annually until 2023.

The agreement covers the development of exploration and production projects in Siberia. The two companies plan to cooperate in refining, petrochemicals and crude trading.

According to the Russian producer, the deal will increase direct supplies of crude oil to the “strategic Chinese market and ensure a guaranteed cost-efficient export channel for the company's crude sales.”



Published Date:2018-03-12