Rosneft Clinches Oil Supply Deal, $16.8 Billion Loans for TNK-BP

Rosneft Clinches Oil Supply Deal, $16.8 Billion Loans for TNK-BP

Alexander Zemlianichenko Jr./Bloomberg

OAO Rosneft signed two loan agreements for $16.8 billion with international banks to buy BP Plc’s half of TNK-BP, the state- run company said in a statement.