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Russia's Rosneft agrees to sell 20 pct stake in Taas-Yuriakh to BP

Fri, 19th Jun 2015 08:26

ST PETERSBURG, Russia, June 19 (Reuters) - Russia's Rosneft has agreed to sell a 20 percent stake in East Siberianoil field Taas-Yuriakh to its shareholder BP, it said ina statement on Friday.

Both companies also agreed to further exploration in EastSiberia and a reorganisation of their Rurh Oel refining jointventure. Rosneft CEO Igor Sechin said that the stake inTaas-Yuriakh will be sold for $750 million. (Reporting by Dmitri Zhdannikov; writing by Katya Golubkova;editing by Jack Stubbs)

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