US declaration on UN reform is not organization’s document - LavrovRussian Politics & Diplomacy September 24, 13:34
US not to strike on DPRK as it is aware Pyongyang has nuclear weapon - LavrovRussian Politics & Diplomacy September 24, 13:32
US forces assist Syrian opposition force in crossing IS positionsRussian Politics & Diplomacy September 24, 12:55
Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
LONDON, September 24 (Itar-Tass) — The British Petroleum multinational oil and gas company is considering the possibility of purchasing a 12.5-percent stake in Russia’s oil company Rosneft, the business community of the City of London reported on Monday.
“BP is selling its stake in the joint venture - the corporation TNK-BP and is ready to invest part of the proceeds in projects in Russia,” a staff member of the International Petroleum Exchange of London told Itar-Tass.
To date, BP already owns 1.3 percent of Rosneft shares. “However, it wants to increase its stake in the capital of the Russian company in order to obtain the status of a strategic partner,” the source said.
According to reports, BP assesses its stake in TNK-BP at 25 billion US dollars. It is this part of the money, according to the BP management plans, that will be used for the group’s new projects in Russia.