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Rosneft decides against bid for Alrosa's gas assets for now

Rosneft has decided against bidding for gas assets being sold by diamond miner Alrosa, at least for now, the Russian energy company said on Wednesday, saying the auction terms were unacceptable. The world's largest producer of rough diamonds plans to sell its gas assets in Russia's Yamalo-Nenets region in an auction on February 19 and has set a starting price of 30-billion roubles ($519-million).

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