RE: Russia11 Sep 2022 14:07
Bum
''BP's Rosneft holding is potentially a $25 Billion loss.
If this does turn into a total loss, which personally I don't think it will, it'll take a fair few exceptional quarters to recover that money.''
As far as I am aware the total amount has been written down in the books, hence the the first quarter loss.
Of course a future situation may enable the assets to be sold, generating a 'bonus' for shareholders.