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BP head says Russian business unaffected by sanctions

Tue, 15th Apr 2014 10:26

MOSCOW, April 15 (Reuters) - Western sanctions over Russia'sactions in Ukraine have not impacted BP's business inRussia, chief executive Bob Dudley said on Tuesday in Moscow,reiterating that the oil major stands by its Russianinvestments.

Dudley is in Moscow where he is taking part in a meeting ofthe Russian Geographical Society, where President Vladimir Putinheads the Board of Trustees. Dudley is a member of the board.

"We are rock solid with our investments in Rosneft and (we)will stand by our investments. For us it's business as usual,"he told reporters before the meeting.

BP owns a 19.75 percent stake in Russia's top oil producerRosneft. (Reporting by Alexei Anishchuk; writing by Vladimir Soldatkin;editing by Alessandra Prentice)

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