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TNK Looking at BP Algeria

TNK-BP Holding may be interested in acquiring BP assets in Algeria, The Wall Street Journal reported Friday, citing sources familiar with the matter.  

Discussions are at an early stage, and a deal is not imminent, the Journal reported. BP is also considering selling assets in Vietnam and Venezuela. If assets in all three countries are sold, it could net BP as much as $5 billion. Both companies declined to comment, the Journal reported.

(Bloomberg)


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