Home International Investing BP has no plans to cut in investments in Russia’s Rosneft

BP has no plans to cut in investments in Russia’s Rosneft

by Jonathan Adams

British Petroleum does not plan to increase or cut investment in Russian oil company Rosneft, said its Executive Director Robert Dudley.

He 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.

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