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Russia's Econ Min says state support for Rosneft possible

Tue, 26th Aug 2014 11:47

MINSK, Aug 26 (Reuters) - Russian Economy Minister AlexeiUlyukayev said on Tuesday that the government may provide somesupport for sanctions-hit oil producer Rosneft, butsignificantly less than it had asked for.

Igor Sechin, the head of Rosneft, has asked the governmentto provide Rosneft with 1.5 trillion roubles to help the companyweather western sanctions over Moscow's role in the Ukrainiancrisis, the Vedomosti newspaper reported earlier this month.

"There are some options for the support but the sums' orderof magnitude is less than that," Ulyukayev told reporters. (Reporting by Alexei Anishchuk; writing by Vladimir Soldatkin)

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