Deadline looms to bid for TNK-BP stake

Name: Deadline looms to bid for TNK-BP stake
Uploaded: 2012-10-17T13:28:55.000Z
Duration: 2 min 15 s
Description: BP's Russian partners have until today to make a bid for BP's share of its troubled Russian joint venture, TNK-BP.

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BP's Russian partners have until today to make a bid for BP's share of its troubled Russian joint venture, TNK-BP. The stake is thought to be worth around $25bn.

After today other bidders can make an offer and state oil firm, Rosneft is seen as the most likely party to win control.

Russell Padmore reports.

Business

17 October 2012