Rosneft Agrees Heads of Terms to Sell a Stake in the Vostok Oil Project to a Consortium of Vitol and Mercantile & Maritime
Rosneft and a consortium of Vitol S.A. and Mercantile & Maritime Energy Pte. Ltd. (hereinafter, the Consortium) signed heads of terms for a transaction providing for the sale of a 5% stake in the authorized capital of OOO Vostok Oil. The agreement confirms the Consortium’s intention to acquire a stake …