10 Jul 2012 13:47

Presidential commission to discuss Rosneftegaz role in privatization

MOSCOW. July 10 (Interfax) - The Russian presidential fuel and energy commission will discuss the participation of OJSC Rosneftegaz in the privatization of fuel and energy companies at its first meeting on Tuesday, Russian President Vladimir Putin said, opening the meeting.

"Today we have to discuss Rosneftegaz's participation in privatization projects," he said.

"We can't describe Rosneftegaz;s participation as privatization in the truest sense of the word, but we will be acting in the framework of the law, bearing in mind that we have limited income for some companies and they need recapitalizing, they need help with this. This doesn't mean we'll be limited to Rosneftegaz only," he said.