Russian economy minister says government ready to sell Bashneft stake this month

October 3, 2016 1:38 PM EDT

Russian Economy Minister Alexei Ulyukayev speaks during a news briefing at the Russia-ASEAN summit in Sochi, Russia, May 20, 2016. Host photo agency via Reuters ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY.

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MOSCOW (Reuters) - Russian Economy Minister Alexei Ulyukayev said on Monday that the government was ready to privatize a stake in the Bashneft oil firm this month, Russian news agencies reported.

Ulyukayev added that the investment consultant for Bashneft had recommended selling the Bashneft stake in one lot.

(Reporting by Alexander Winning; Editing by Adrian Croft)

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