By JAMES MARSON
has approved state-controlled oil giant OAO Rosneft's $55
billion acquisition of TNK-BP from BP and its partners, a
spokeswoman for Deputy Prime Minister Arkady Dvorkovich said
"All the directives on the purchase of 100% of TNK-BP by
Rosneft have been signed," the spokeswoman said.
Rosneft agreed to deals last month to buy TNK-BP, Russia's
third-largest crude producer, from BP and its partners, the AAR
group of tycoons, for $55 billion in cash and shares.
Interfax Wednesday quoted a source as saying that Rosneft's
board of directors had approved the purchase of the BP stake at
a meeting Tuesday. A Rosneft spokeswoman confirmed that the
acquisition had been discussed, but declined to comment on the