MOSCOW, July 28. /TASS/. BP received its share of 2014 annual dividend from the Russian oil major Rosneft in the amount of $271 mln after tax, the British company said on Tuesday.

BP’s profit before interest and tax from Rosneft dropped 46.5% year-on-year to $693 mln in the first half of 2015. Estimated underlying net income from Rosneft was $510 mln in the second quarter of 2015 compared with $1 billion in the second quarter of 2014, primarily due to the movement in oil prices, the company said.

In addition to BP’s Chief Executive Robert Dudley, a second BP representative, Guillermo Quintero, president of BP Energy do Brasil Ltda, was elected to Rosneft’s board of directors at Rosneft’s Annual General Meeting of Shareholders on 17 June 2015, BP said.

BP holds a 19.75% stake in Rosneft.