TNK-BP to Invest $58 Million in Ukraine Filling Stations

TNK-BP, the Russian crude producer half-owned by BP Plc (BP/), will invest $58 million in developing a network of filling stations in Ukraine this year and in 2013.

TNK-BP is doing 35 re-branding and reconstruction projects in Ukraine, the company said in an e-mailed statement today. Seventeen new facilities will start operating this year.

TNK-BP has 146 filling stations in Ukraine.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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