TNK’s Fridman Ready to Buy BP Oil Fields in Push Beyond Russia

Mikhail Fridman, executive chairman of Russian oil producer TNK-BP, said the company is ready to buy fields in Venezuela, Vietnam and other countries BP Plc is selling to cover costs for the Gulf of Mexico spill.

TNK-BP, an equal partnership between London-based BP and a group of Russian billionaires, should “expand broadly in the world,” Fridman, who is also interim chief executive officer, said in an interview at his Moscow office. BP “has no need to sell to a competitor and make them stronger.”