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RF energy minister ambivalent about Rosneft’s purchase of BP’s share in TNK-BP

July 24, 2012, 19:00 UTC+3
From the point of view of the state company’s capitalization, it is good, it means extension of its business
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Photo EPA/ITAR-TASS

Photo EPA/ITAR-TASS

GORKI, July 24 (Itar-Tass) —— Russian Minister of Energy Alexander Novak said on Tuesday he was ambivalent about possible purchase of BP’s share in TNK-BP by Russia’s Rosneft.

“From the point of view of the state company’s capitalization, it is good, it means extension of its business, but in general, I believe that foreign companies should be present on the Russian market,” he told Itar-Tass.

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