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By Megan Davies and Olga Popova
MOSCOW, Nov 19 (Reuters) - Russian oil firm Bashneft has selected banks to work on a planned secondarylisting in London that could take place as early as 2014, threefinancial sources said on Tuesday.
Morgan Stanley, Barclays and Sberbank are to work on the planned offering by the oilproduction and refining group, controlled by Russian billionaireVladimir Evtushenkov through his oil-to-telecoms conglomerateSistema .
The banks have been selected as global coordinators, butothers may be appointed later as underwriters or bookrunners,one of the financial sources said. The amount raised could be upto $1.5 billion according to one of the sources.
Market sources said previously that Bashneft managers havebeen meeting with bankers to discuss a possible offeringfollowing rumours of a takeover by Russia's top oil producerRosneft. Rosneft denied any such plan.
Bashneft has said a share offering was always its plan andis not connected to any rumours.
Morgan Stanley and Barclays were not immediately availablefor comment. Sberbank declined comment.
Bashneft has been listed in Moscow since 2011 with 14percent of its shares in free float.
The company's management and main shareholder have said asecondary listing could take place at the end of 2014 or in2015, a Bashneft spokesman said.
"The company is still looking at this possibility. As fornow, no exact volumes, timing or specific banks are determined,"he said.
Sistema bought Bashneft in 2010 and said at the time it mayfloat the company's shares overseas within the next five years.
Bashneft's oil production grew 2.2 percent last year to 15.4million tonnes, according to the company's website, or over300,000 barrels per day. It also runs three refineries withtotal crude throughput capacity of 24.1 million tonnes a year(480,000 barrels a day).
