REUTERS EVENTS-BP says strong oil prices are good for asset sales

LONDON, June 22 (Reuters) - BP will be in the
hydrocarbons business for decades and high oil prices are set to
make its asset sales and the energy transition easier, Chief
Executive Bernard Looney told Reuters on Tuesday.

"As people understand we're going to be in the hydrocarbons
business for decades to come that concern has gone away a little
bit," Looney said in an interview at the Reuters Events: Global
Energy Transition conference, referring to BP employees.

"High oil prices are very good for our strategy and our
shareholders will benefit from that especially through our
buyback programme," he said.
(Reporting by Dmitry Zdhannikov and Noah Browning, editing by
Louise Heavens)