Source: The Economic Times

Rosneft: Rosneft eyes exit from Nayara Energy amid sanctions, talks with Indian conglomerates underway

Rosneft, Russia's largest oil company, is considering selling its 49.13% stake in Nayara Energy due to difficulties in repatriating earnings amid sanctions. Valued at over $20 billion, the company has had discussions with Indian conglomerates like Reliance Industries and Adani Group, though a deal may not be finalized.

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Annual Revenue
$100-1000B
Employees
100K-9.9M
Igor Sechin's photo - Chairman & CEO of Rosneft

Chairman & CEO

Igor Sechin

CEO Approval Rating

49/100

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