Bank Of Baku

BP’s loss in last quarter of 2014 makes $750 mln

BP’s loss in last quarter of 2014 makes $750 mln
# 05 January 2015 09:55 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. 47% fall of Russian ruble against USD may lead to BP’s loss in the last quarter of 2014 to make $750 mln, the Financial Times reports.  

 

BP’s has 19.75%-stock in Rosneft. However, sanctions against Russia and oil price fall influenced BP negatively.

 

As of December 18, Rosneft’s authorized capital dropped to $35.6 bln, lower than $54.5 bln that the company pays to TNK-BP.

 

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