Deal Insight
CEFC China buys 14.16% stake in Rosneft from Glencore and QIA
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The strategy of CEFC, the Shanghai-based private enterprise focused on energy and financial services, is to expand international economic cooperation in the energy sector. It has certainly done that by taking a stake in Rosneft, the world's largest publicly-listed oil producer. CEFC's acquisition brings Russia even closer to China, further accelerating the country's pivot east, which grew in pace following the imposition of EU/US sanctions in 2014.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
-
Strategic rationale
- What it means for Glencore and QIA
- What it means for Rosneft and CEFC
- What it means for the Russian state
- What next?
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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