AIRLINK 80.06 Increased By ▲ 0.65 (0.82%)
BOP 5.33 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.01 (0.23%)
DFML 35.39 Increased By ▲ 2.20 (6.63%)
DGKC 77.70 Increased By ▲ 0.83 (1.08%)
FCCL 20.56 Increased By ▲ 0.03 (0.15%)
FFBL 31.50 Increased By ▲ 0.10 (0.32%)
FFL 9.77 Decreased By ▼ -0.08 (-0.81%)
GGL 10.23 Decreased By ▼ -0.02 (-0.2%)
HBL 117.20 Decreased By ▼ -0.73 (-0.62%)
HUBC 133.77 Decreased By ▼ -0.33 (-0.25%)
HUMNL 6.98 Decreased By ▼ -0.02 (-0.29%)
KEL 4.55 Decreased By ▼ -0.12 (-2.57%)
KOSM 4.68 Decreased By ▼ -0.06 (-1.27%)
MLCF 37.55 Increased By ▲ 0.11 (0.29%)
OGDC 136.76 Increased By ▲ 0.06 (0.04%)
PAEL 23.10 Decreased By ▼ -0.05 (-0.22%)
PIAA 27.13 Increased By ▲ 0.58 (2.18%)
PIBTL 6.91 Decreased By ▼ -0.09 (-1.29%)
PPL 113.25 Decreased By ▼ -0.50 (-0.44%)
PRL 27.40 Decreased By ▼ -0.12 (-0.44%)
PTC 14.86 Increased By ▲ 0.11 (0.75%)
SEARL 57.26 Increased By ▲ 0.06 (0.1%)
SNGP 66.80 Decreased By ▼ -0.70 (-1.04%)
SSGC 11.02 Decreased By ▼ -0.07 (-0.63%)
TELE 9.27 Increased By ▲ 0.04 (0.43%)
TPLP 11.67 Increased By ▲ 0.11 (0.95%)
TRG 72.16 Increased By ▲ 0.06 (0.08%)
UNITY 25.70 Increased By ▲ 0.88 (3.55%)
WTL 1.39 Decreased By ▼ -0.01 (-0.71%)
BR100 7,533 Increased By 7.5 (0.1%)
BR30 24,631 Decreased By -18.6 (-0.08%)
KSE100 71,988 Increased By 17 (0.02%)
KSE30 23,754 Increased By 4.9 (0.02%)

pa4LONDON: British oil giant BP, which wants to buy a stake in Russian state-controlled rival Rosneft, plans to appoint a prominent Russian to its board of directors as part of a new commercial alliance with the Kremlin, the Sunday Times newspaper said.

Bob Dudley, BP's chief executive, discussed the plan with Vladimir Putin last week at a meeting at the Russian president's retreat on the Black Sea, the newspaper reported, without citing any sources.

The appointment of a Russian director to BP's 15-strong board would be a first in the company's 104-year history, it added.

BP declined to comment.

Dudley and chairman Carl-Henric Svanberg put a proposal to buy a stake in Rosneft to Putin on Tuesday, Rosneft CEO Igor Sechin said on Friday, adding a new dimension to a long-running struggle for control of a big chunk of Russia's oil production.

Copyright Reuters, 2012

Comments

Comments are closed.