MOSCOW, Nov 12 (Reuters) - Russian energy giant Rosneft on Friday said it sold a 5% stake in its Vostok Oil project to a trader consortium of Vitol and Mercantile & Maritime last month for 3.5 billion euros ($4 billion).
Vostok Oil, in which global commodities trader Trafigura already has a 10% stake, is one of Russia’s biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil region over the past decade. ($1 = 0.8738 euros)
Reporting by Olesya Astakhova and Oksana Kobzeva Writing by Gabrielle Tétrault-Farber Editing by David Goodman
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