Russian Federation

Russian Federation

President issues decree to remove oil producing company "Bashneft" from the list of strategic enterpises

16 May 2016

On 16 May 2016, in accordance with Federal Law No. 178-FZ of 21 December 2001 “On privatization of State and Municipal property”, the President signed Decree No. 228 “On modifying the list of strategic shareholding enterprises established by Decree No. 1009 of 4 August 2004”. The oil producing company “Bashneft”, with 50 per cent + 1 share of State participation, was removed from this list. The decree paves the way for future privatization of the company.

  • Type:
    • Entry and establishment (Ownership and control)
  • Industry:
    • Primary (Mining and quarrying)
  • Sources: