BP evaluates its share in Rosneft’s profit for Q1 at $271 million
Edited by Rhod Mackenzie / 2014-04-29 08:58:48
BP evaluates its share in Rosneft’s profit for Q1 at $271 million, compared to $1.09 billion for Q4 2013. BP holds 19.75% in Rosneft. The share in production is 997,000 barrels in oil equivalent, compared to 985,000 barrels in oil equivalent for Q4 2013.
On April 28th, the Board of Directors of Rosneft recommended to the shareholders to pay dividends for 2013 at a rate of 12.85 rubles per stock, by 1.59 times more than for 2012.
