OAO Rosneft (ROSN.RS) Chief Executive Igor Sechin has said he would "welcome" BP PLC (BP) boss Bob Dudley onto the board of the Russian oil giant, Interfax news agency reported Thursday.
OAO Rosneft (ROSN.RS) Chief Executive Igor Sechin has said he would
"welcome" BP PLC (BP) boss Bob Dudley onto the board of the Russian
oil giant, Interfax news agency reported Thursday.
BP will receive two seats on Rosneft's board after increasing its stake in
Rosneft to 19.8% share in Rosneft as part of a deal to sell its stake in
TNK-BP, Russia's No. 3 crude producer. Rosneft is buying out BP and its
partners in TNK-BP in deals worth $55 billion.
"Robert Dudley is a very good candidate for the Rosneft board of
directors. We would welcome a manager of this level joining the company's board
of directors," Interfax cited Mr. Sechin as saying during a trip to
Venezuela
.
Mr. Dudley fled
Russia
in
2008 while working as chief executive of TNK-BP amid disputes with BP's
partners, the
AAR
consortium of Soviet-born
billionaries.
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