The British company BP lost $24 billion due to the sale of assets in Rosneft

Commenting on this information, BP CEO Bernard Looney said that the decision to withdraw from Rosneft's stake, taken in February this year, led to significant expenses (including non-monetary) and a general loss. However, this did not affect the strategy and financial structure of the company.

As follows from the company's press release, reported by Kommersant , BP's quarterly revenue amounted to 51.22 billion, which is 1.4 times more than in the first quarter of 2021.

BP estimates that Russian oil production has now fallen by 1 million barrels per day, and after the entry into force of energy sanctions, this number may increase. According to Looney, it can grow by 2 times.

BP has decided to stop doing business in Russia in connection with the start of a Russian special operation in Ukraine. Since 2013, the British have owned a 19.75% stake in Rosneft. Both representatives of BP have already left the board of directors of Rosneft. In addition, the British company also refused to buy Russian oil and gas.