Russias giant oil pipeline will not sell shares
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A senior Russian government official said here today, as 59 billion U.S. dollars in the sale of state assets part of the plan, the Russian government ruled out the Russian national oil pipeline giant oil pipeline company (Transneft) privatization, and thus most likely to end The preferred pipeline companies rebound. From the Russian government intends to privatize 900 companies to increase cash income, in this list of 900 companies, including the privatization of Russia's largest oil company Rosneft (Rosneft), but does not include the Russian state oil pipeline company, the latter preferred stock has risen 65% this year. Russian First Deputy Prime Minister Igor Shuvalov told reporters the Russian news agency: "We do not consider the sale of Russian state oil pipeline company's stock, because such transactions will not be the development of this company ( positive) impact. " Canada's Quest Rare Minerals plans to produce heavy rare earth - often difficult to find. CEO Peter Cashin said: "I think a lot of developers will have a hard light rare earth survive."