18 April 2024
BP and Rosneft extend share swap deadline
Publication date: 14 April 2011
Gas Strategies Group
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BP and Rosneft have agreed to extend the deadline for completing a share swap agreement - previously announced on January 14 - to 16 May 2011. The agreement between the two companies follows the April 8 decision of an arbitration tribunal to allow them to discuss an extension of the deadline, with the effect that the share swap agreement will now not terminate today.