Russian court approves amicable agreement between Rosneft, Bashneft and Sistema - RIA

A Russian court has approved the amicable agreement reached on Friday between the Sistemaconglomerate and Russia's largest oil producer Rosneftin their dispute over the Bashneft oil company, RIA news agency said on Tuesday.Sistema will be obliged to pay Bashneft 100 billion roubles (£1.29 billion) by March 30, 2018, according to the terms of the settlement, which required approval from a Russian regional court.