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Energy

Rosneft three times undervalued-Russia deputy PM

MOSCOW, Dec 9 (Reuters) - Russia's largest oil producer, privatisation target Rosneft ROSN.MM, is around three times undervalued when compared to international peers, Deputy Prime Minister Igor Sechin said on Thursday.

"We think Rosenft is undervalued. Compare the structure of Rosneft's reserves and those of (Brazil's) Petrobas PETR4.SA, for example. Rosneft is undervalued by around three times," Sechin told reporters. (Reporting by Denis Dyomkin; Writing by Toni Vorobyova)

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