QIA chief says he's 'absolutely' confident in Rosneft investment

Reuters  |  LONDON 

(Reuters) - is "absolutely" confident in its investment in majority state-owned Russian company Rosneft, the head of Qatar's sovereign wealth fund said on Monday, speaking to on the sidelines of an investment conference in

Investment Authority and commodities trader Glencore paid $10.8 billion for a 19.5 percent stake in last year.

Asked if he was confident about the investment, Sheikh Abdullah bin Mohamed bin Saud al-Thani, chief executive of the QIA, said: "Absolutely, no doubt."

(Reporting by Claire Milhench and Tom Finn)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

QIA chief says he's 'absolutely' confident in Rosneft investment

LONDON (Reuters) - Qatar is "absolutely" confident in its investment in majority state-owned Russian oil company Rosneft, the head of Qatar's sovereign wealth fund said on Monday, speaking to Reuters on the sidelines of an investment conference in London.

(Reuters) - is "absolutely" confident in its investment in majority state-owned Russian company Rosneft, the head of Qatar's sovereign wealth fund said on Monday, speaking to on the sidelines of an investment conference in

Investment Authority and commodities trader Glencore paid $10.8 billion for a 19.5 percent stake in last year.

Asked if he was confident about the investment, Sheikh Abdullah bin Mohamed bin Saud al-Thani, chief executive of the QIA, said: "Absolutely, no doubt."

(Reporting by Claire Milhench and Tom Finn)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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