STRELNA (near St. Petersburg), July 16 (RIA Novosti) - State-run oil company Rosneft does not plan to purchase Surgutneftegaz, the head of the company said Sunday.
"I do not know how this information appeared," Sergei Bogdanchikov said. "We have never had, do not have and do not expect such plans in the future."
"We cannot waste money on purchases that would bring us profitability lower than 20%," he added.
