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BP Plans No Cuts in Investments in Russia’s Rosneft

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UK oil and gas giant British Petroleum (BP) does not plan to increase or cut investment in Russian oil company Rosneft, Executive Director Robert Dudley said. 02.09.2016, Sputnik International

2016-09-02T04:50+0000

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BP Plans No Cuts in Investments in Russia’s Rosneft

04:50 GMT 02.09.2016 (Updated: 05:22 GMT 02.09.2016)

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UK oil and gas giant British Petroleum (BP) does not plan to increase or cut investment in Russian oil company Rosneft, Executive Director Robert Dudley said.

VLADIVOSTOK (Sputnik) – The executive director stressed that BP is satisfied with the current situation and does not intend to increase its investments in Rosneft.

"We worked in Russia for more than 25 years with long history, we have great relationships and partnerships. And we have resilience and resistance. For us we continue investing in Russia…we work closely with Rosneft, so I can offer a word of confidence about investing in Russia," Dudley said on Friday.