Valery Nesterov, oil analyst at Troika Dialog, estimated the value of BP's 50 percent stake in TNK-BP at "at least $30 billion", while Denis Borisov, oil analyst at Nomos Bank said a price of around $25 billion was more likely.
Date: Jun 01, 2012
Category: Business
Source: Google
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Nomos Bank analyst Denis Borisov estimates LUKoils planned dividends at $6 billion. Under its strategy based on the oil price of $100 per barrel, its EBITDA should reach $25 billion. Considering the $15 billion investment and also taxes, LUKoil will have about $6 billion of excess cash it could pa