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Economics

BP Selling Stake in Russian Oil Venture to Buy Stake in Oil Company From Russian Government

Dasvidaniya and privyet

Reason Staff | 10.22.2012 7:45 AM

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British oil firm BP said Monday that it has agreed to sell its half of Russian venture TNK-BP to Rosneft for US$17.1 billion (HK$133 billion euros) and another 12.84 percent share in the state oil giant.

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NEXT: Steve Chapman on Myths of Iraq and Afghanistan

Reason Staff
EconomicsWorldOilRussia
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