Rustem Khamitov, president of Russia's internal Republic of Bashkortostan, said on Oct. 21 it was unlikely that Russian oil major Rosneft will offer to buy its 25% stake in Bashneft.
Khamitov told reporters that Rosneft's emergence as a Bashneft shareholder through a privatization deal in October was positive and that Bashkortostan and the oil major were discussing the possibility of sharing administration of Bashneft, which is a mid-sized producer.
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