Sechin asks for help with Rosneft debt

Rosneft debt: Rosneft chief Igor Sechin has written to the Russian government suggesting ways the Government could help it repay the RUB440bn of its debt that comes due for repayment by the end of this year and the further RUB626bn that it needs to pay off by the end of 2015. Sanctions currently prevent it from raising anything but short term debt on the US markets, and one of its suggestions is believed to involve tapping into the Russia’s National Wealth Fund. Tengrinews