Russia's state-owned Rosneft oil company has repaid billions of dollars it borrowed from its subsidiaries, the Vedomosti business daily reported Tuesday.
The money was believed to have been used to finance its December purchase of Yuganskneftegaz, a giant Siberian oil unit formerly owned by the Yukos oil company, Vedomosti said.
Rosneft never disclosed how it had financed the acquisition, and many details remain unclear. Analysts speculate that Rosneft paid back the loans using an advance payment of US$6 billion (€4.75 billion) it received from China National Petroleum Corp. for future crude supplies.
Most EU countries are allied with US-dominated NATO - a killing machine involved in smashing one sovereign state after another. It's responsible for vast destruction, millions of casualties, and appalling human misery from the rape of Yugoslavia and post-9/11 US-led wars of aggression - based on Big Lies and deception.