Reuters

MOSCOW (Reuters) - The Kremlin said on Monday it hoped an out-of-court settlement reached between Russia's largest oil producer Rosneft <ROSN.MM> and the Sistema <AFKS.MM> conglomerate would be implemented smoothly.

 

In a phone call with reporters, spokesman Dmitry Peskov said the Kremlin hoped the settlement, under which Rosneft will receive 100 billion roubles ($1.72 billion) from businessman Yevtushenkov's Sistema, will not run into any problems.

 

(Writing by Polina Ivanova; Editing by Andrew Osborn)