November 6, 2019 / 8:54 AM / 14 days ago

Russia's Transneft put forward for 2020-2022 privatisation programme

MOSCOW, Nov 6 (Reuters) - Russia’s finance ministry would like to make Transneft, Russian Railways, Aeroflot , Rosseti and Rushydro part of the 2020-2022 national privatisation programme, a ministry official said on Wednesday.

Russia’s finance ministry would like the government’s stakes in these companies to be reduced to 50% plus one share, Deputy Finance Minister Alexei Moiseev said.

Pipeline monopoly Transneft and Russian Railways would be privatised no earlier than in 2021, he said. (Reporting by Darya Korsunskaya; writing by Tom Balmforth; editing by Louies Heavens)

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