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TNK-BP to buy Venezuelan BP's assets
Viktor Vekselberg , a shareholder in TNK-BP.MOSCOW
Petroleumworld.com, Sep 01, 2010TNK-BP is continuing talks with BP Plc on acquiring assets and sees projects in Venezuela as “the most realistic option,” said Viktor Vekselberg , a billionaire shareholder in the Russian oil venture.
“There is also a range of other proposals,” Vekselberg told reporters today in the Kremlin where President Dmitry Medvedev held a meeting on modernization.
BP's incoming Chief Executive Officer Robert Dudley offered to sell projects in Vietnam, Pakistan and Venezuela to TNK-BP and Russian state oil company OAO Rosneft, Vedomosti reported earlier this month after the executive visited Moscow. BP is disposing assets to cover costs linked to the Gulf of Mexico oil spill, the worst in U.S. history.
TNK-BP, equally owned by BP and a group of billionaires, is “actively evaluating” assets owned by BP in Venezuela as it seeks to further develop its international business, the company said in late July. TNK-BP is part of Russia's Consortio Ruso venture to develop heavy oil in Venezuela.
To contact the reporter on this story: Lyubov Pronina in Moscow at lpronina@bloomberg.net ; Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net
Story from AFP
AFP 09/01/2010 01:07
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