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Russia's finance ministry proposes lowering Transneft's H1 dividend

Russia's finance ministry has proposed lowering the first-half dividend paid by oil pipeline monopoly Transneft.
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  • Russia's finance ministry has proposed lowering the first-half dividend paid by oil pipeline monopoly Transneft.
  • The dividend payout for 2018 stood at 77.6 billion roubles.

 

The agency the dividend payout by the state-controlled company, mired in a tainted oil crisis, had been initially seen at around 34.5 billion roubles. The dividend payout for 2018 stood at 77.6 billion roubles.