BP to retain $1 billion stake in Russia’s Rosneft

摘要

Moscow-BP, which is looking to sell assets worth up to $30 billion to fund its liabilities for the Gulf of Mexico oil spill, plans to retain its stake in Russia’s biggest oil producer Rosneft, worth around $1 billion, a source familiar with the matter told Platts August 4. “BP will keep its stake in Rosneft and does not plan to sell it in the foreseeable future,” the source said. “This issue has already been settled,” the source added. It previously had been suggested that BP’s stake in Rosneft was a likely candidate to be among the company’s asset sales.