Release date: 31 May 2012
BP announced today that it has received unsolicited indications of interest regarding the potential acquisition of its shareholding in TNK-BP.
In light of these unsolicited approaches and consistent with its commitment to maximising shareholder value, and its obligations under the Shareholder Agreement, BP has notified Alfa Access Renova of its intention to pursue a potential sale.
There can be no guarantee that any transaction will take place.
A further announcement will be made when and if appropriate.
BP press office, London: +44 (0)20 7496 4076, email@example.com