"We have never thought about it," he said in comments carried by Russian news agencies on the sidelines of a summit in Berlin.
The venture has provided lofty dividends for both parties. Over the past years, TNK-BP's output has accounted for more than a quarter of BP's total global production. The British oil company drew some $3.7 billion in dividends from the venture last year alone, receiving a total of $19 billion since the company's formation in 2003.In the company's annual report filed in March, BP chairman Carl-Henric Svanberg was bullish about Russian and the TNK-BP partnership.
"Russia is particularly important for BP," Svanberg wrote in the report. "This region still has excellent potential for BP and we remain committed to it."
When a shareholder questioned the Russian investment at BP's annual general meeting in April, BP CEO Bob Dudley said that the thwarted Rosneft deal had created "a lot of noise." But he contended that the Russian links were good business and urged shareholders to "look through the noise and look at the numbers.
Barr reported from London.
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