MOSCOW, March 22 (Reuters) - Shares in TNK-BP Holding, the traded unit of TNK-BP oil producer, fell morethan 14 percent to reach its historic low on Friday after IgorSechin, the head of Rosneft, reiterated that Rosneftwill not buy out TNK-BP shares.
Sechin told Rossia-24 TV channel that Rosneft has no plansto buy out TNK-BP shares from minority shareholders. He wasspeaking after Rosneft completed the $55 billion deal to acquireTNK-BP from BP and AAR consortium of four Soviet-borntycoons.
As of 0915 GMT, TNK-BP Holding shares were down 14.28percent to 48.7 roubles, touching a historic low of 48.11roubles earlier in the day.