TNK-BP Board Said to Discuss Potential Claims Against BP, AAR

The board of TNK-BP, the Russian oil venture owned by BP and a group of billionaires, will discuss potential claims against the shareholders at meeting on Dec. 9, three people with knowledge of the agenda said.

TNK-BP received a report from two law firms on potential claims it may file against BP arising from the U.K. explorer’s failed alliance with state-owned OAO Rosneft, Russia’s biggest oil producer, according to the people.

The directors will also look at a possible case against billionaire Viktor Vekselberg’s Renova Group, one of the companies that make up AAR, owner of the other half of TNK-BP, the people said.

TNK-BP’s press service declined to comment.

To contact the reporters on this story: Torrey Clark in Moscow at tclark8@bloomberg.net; Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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