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After Oct. 17, BP will be free to sell its 50% holding in TNK-BP to any buyer; Rosneft seems the...

  • Friday, October 12, 2012, 12:45 PM ET
    After Oct. 17, BP will be free to sell its 50% holding in TNK-BP to any buyer; Rosneft seems the most likely winner, but Andrew Peaple says it isn't an outcome BP investors should welcome. A better option, he says, is for Rosneft to buy out AAR's 50% of TNK-BP, which could then become the vehicle for BP to explore further investment opportunities in Russia.
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This news story has 3 comments:

  •  
    How safe are foreign oil infrastructure investments in Russia going forward? Risk-reward? Perhaps it is better to reduce exposure given the risks.
    12 Oct 2012, 02:16 PM Reply Like
  •  
    What kind of risk is that BP buys TNK-BP for USD 7 blns, receives USD19 blns in dividend and can pocket another USD25 blns from the sale. Very funny.
    12 Oct 2012, 03:59 PM Reply Like
  •  
    As Dudley said, "Look at the Russian numbers, not the noise."

    Top Dog
    13 Oct 2012, 02:02 AM Reply Like
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