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Gov't ready to assist Russian entities in buying BP's assets
RBC, 01.09.2010, Krasnoyarsk 11:36:28.The Russian government is ready to support a potential deal on the purchase of BP's assets by Russian companies, Deputy Prime Minister Igor Sechin told journalists in Krasnoyarsk today. He stressed that these matters should be commented on very carefully, since any commentary could influence the market. As reported earlier, the British oil company decided to sell some of its assets and offered its Russian subsidiary, TNK-BP, the chance to buy its production facilities in Venezuela. The company is currently carrying out due diligence for the deal. BP's selling of assets has been prompted by the oil spill in the Mexican Gulf, which caused a nearly 40-percent drop in BP's capitalization.
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