Kremlin hopes Rosneft/Sistema settlement to be smoothly implemented

© Reuters. FILE PHOTO - The logo of Russia's Rosneft oil company is pictured at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk© Reuters. FILE PHOTO – The logo of Russia’s Rosneft oil company is pictured at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk

MOSCOW (Reuters) – The Kremlin said on Monday it hoped an out-of-court settlement reached between Russia’s largest oil producer Rosneft (MM:) and the Sistema (MM:) conglomerate would be implemented smoothly.

In a phone call with reporters, spokesman Dmitry Peskov said the Kremlin hoped the settlement, under which Rosneft will receive 100 billion roubles ($ 1.72 billion) from businessman Yevtushenkov’s Sistema, will not run into any problems.

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