BBC: Rosneft requests $42bn loan from Russian government

Russia's state-controlled energy giant Rosneft has asked the Russian government for a $42bn (£25.2bn) loan, as it feels the impact of Western sanctions.

The government said it will consider the request from Igor Sechin, head of Rosneft, in the next two weeks. Sanctions on Russia have limited Rosneft's ability to raise funds.

Rosneft has requested the money from the National Wealth Fund, which finances state pensions. The US imposed sanctions on Rosneft and Novatek, Russia's second-largest gas producer, last month.
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