BP Hasn’t Sought Permission to Sell Venezuela Units
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BP Plc, seeking to raise funds to pay for the Gulf of Mexico oil spill, hasn’t requested permission to sell assets in Venezuela for which it would need his country’s authorization, said Rafael Ramirez, company president of Petroleos de Venezuela SA, the state-owned oil company.
PDVSA, as the Venezuelan company is known, has the first option to purchase BP’s local assets, calling them “very attractive,” Ramirez, who is also oil and energy minister, told reporters in Caracas today.