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Glencore makes bold move with splash into Rosneft

With Robert Perkins and Nastassia Astrasheuskaya

December 09, 2016 13:05:42 EST (6:48)

Trading and mining giant Glencore has stepped up its game in Russia, tying up an $11.3 billion joint deal with Qatar for a stake in state-run oil producer Rosneft which will give it greater access to Russia's key crude exports. S&P Global Platts Moscow oil news editor Nastassia Astrasheuskaya discusses the implications of the deal for both companies with senior oil writer Robert Perkins and looks at the potential for regulatory hurdles due to Western sanctions on Moscow.


Read our related news story: Russia agrees $11.3 bil Rosneft stake sale to Glencore, Qatar.

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