TNK Eyeing BP Assets in Algeria

TNK-BP Holding may be interested in acquiring BP assets in Algeria, says a report. Discussions are at an early stage, and a deal is not imminent, the report adds. 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 US$5 billion. Both companies have declined to comment in this regard, according to the report. - Moscow Times