- Tag results for Rosneft
The company hopes to close the deal by early next month, sources told PTI.
Venezuela's leftist government has grown increasingly close to Russia's Vladimir Putin.
The announcement came after a meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin here.
Rosneft will acquire India's Essar Oil in a $12 to $13 billion deal including debt, two sources privy to the deal said.