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Russia's Rosneft agrees to sell 20 pct stake in Taas-Yuriakh to BP

Reuters - UK Focus

ST PETERSBURG, Russia, June 19 (Reuters) - Russia's Rosneft has agreed to sell a 20 percent stake in East Siberian oil field Taas-Yuriakh to its shareholder BP, it said in a statement on Friday.

Both companies also agreed to further exploration in East Siberia and a reorganisation of their Rurh Oel refining joint venture. Rosneft CEO Igor Sechin said that the stake in Taas-Yuriakh will be sold for $750 million. (Reporting by Dmitri Zhdannikov; writing by Katya Golubkova; editing by Jack Stubbs)