A logo of Russian state oil firm Rosneft is seen at its office in Moscow, October 18, 2012. CEFC the Qatar Investment Authority will take out short-term loans worth $ 9.1bn from Russia 's VTB, in order to enable its $ 9.1bn acquisition of a 14.16% stake in Rosneft Oil . CEFC will reportedly buy the stake from a consortium of Glencore and China Energy . The move would strengthening ties in the energy sector between Russia and Glencore . “CDB is very actively engaged in discussions for the follow-up loans, ready to shoulder 14.16% or more of the value”, said an anonymous source.
CEFC the Qatar Investment Authority will take out short-term loans worth $ 9.1bn from Russia 's VTB, in order to enable its $ 9.1bn acquisition of a 14.16% stake in Rosneft Oil . CEFC will reportedly buy the stake from a consortium of Glencore and China Energy . The move would strengthening ties in the energy sector between Russia and Glencore . “CDB is very actively engaged in discussions for the follow-up loans, ready to shoulder 14.16% or more of the value”, said an anonymous source.