29 March 2024
BP considers sale of Canadian natural gas liquids unit
Publication date: 16 December 2010
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BP said on Wednesday it was examining the possible sale of its Canadian natural gas liquids (NGL) business as it continues to try to raise the estimated $30 billion needed to pay for the cleanup of the Gulf of Mexico oil spill. The assets, which include pipelines and processing stations, could fetch up to $2 billion, reports suggest.