Atyrau, November 19 02:13
Morningdull-3, day: +2
Official exchange rates: $ 387.14  € 428.18  P 6.06

BP strikes landmark Kremlin deal

October 22 2012, 12:00

BP's Bob Dudley proposed sale of his company's stake in TNK-BP to Rosneft. Photo: AFPDIRECTORS at BP have approved a radical $27 billion (£17 billion) plan to sell its troublesome Russian operation and forge a deep new alliance with the Kremlin, thesundaytimes.co.uk reports on Sunday.

The British oil major will off-load its lucrative but problematic TNK-BP operation in return for cash and shares in Rosneft, the state oil giant run by Igor Sechin, Vladimir Putin’s right-hand man.

The board approved the deal on Friday afternoon at BP’s St James’s Square headquarters in central London.

Subject to final negotiations, the FTSE 100 company will receive $11 billion to $13 billion in cash, a 16%-20% stake in Rosneft and two board seats at the Kremlin-controlled group. The details could be announced as early as today, but sources cautioned that negotiations might take several days.

It will be the most significant Anglo-Russian buiness transaction of recent years and firmly tie BP’s future to that of Rosneft.

WKT citing thesundaytimes.co.uk

Нашли ошибку? Выделите её мышью и нажмите Ctrl + Enter.

Есть, чем поделиться по теме этой статьи? Расскажите нам. Присылайте ваши новости и видео на наш WhatsApp +7 707 37 300 37 и на editors@azh.kz

 

1142 viewsMain page Поделиться:

Подпишитесь и узнавайте о новостях первыми


Main page

Наш WhatsApp номер для новостей: