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BP says Lukoil buys out stake in CPC pipeline JV

LONDON, Dec 11 (Reuters) - British oil company BP (BP.L) said on Friday it had sold its stake in Lukarco, which has a minority stake in the Caspian Pipeline Consortium, to its joint venture partner, Russia's Lukoil (LKOH.MM), for $1.6 billion in cash.

Source: Reuters

http://www.reuters.com/article/hotStocksNews/idUSGEE5BA27N20091211

14 2009 | View: 537 | News / Theme of day | Printint version
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