MOSCOW, June 25 Russia's Sistema is
not in talks to sell its oil group, Bashneft, to state
oil company Rosneft, Vladimir Yevtushenkov, the tycoon
owner of Sistema, told Reuters on Tuesday.
Vedomosti business daily reported on Tuesday, citing
sources, that Rosneft was considering buying mid-sized oil
producer Bashneft from conglomerate Sistema.
"We are not in talks," Yevtushenkov said by telephone when
asked if Sistema was in talks to sell Bashneft, which produces
over 300,000 barrels per day, to Rosneft.
(Reporting by Anastasia Teterevleva; Writing by Vladimir
Soldatkin; Editing by Melissa Akin)