BP says ready to pursue sale of Russian joint venture

01 Jun, 2012

LONDON: British energy giant BP on Friday said it was ready to offload its stake in troubled Russian joint venture TNK-BP after the shock resignation of the venture's chief executive earlier this week.

"BP announced today that it has received unsolicited indications of interest regarding the potential acquisition of its shareholding in TNK-BP," said an official statement, adding that BP intended "to pursue a potential sale".

Copyright AFP (Agence France-Presse), 2012

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