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BP (NYSE:BP) exits Kazakhstan by selling interests in the Tengiz oilfield and the Caspian...

Dec. 11, 2009 2:24 PM ETBP p.l.c. (BP) StockBP, LUKOYBy: Jason Aycock, SA News Editor
BP (NYSE:BP) exits Kazakhstan by selling interests in the Tengiz oilfield and the Caspian Pipeline Consortium for $1.6B to Russia's Lukoil (OTCPK:LUKOY). BP's moving out - to focus more on Russian and Azerbaijan - just as other oil companies are moving in to the Central Asian republic.

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