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Lukoil Pays $1.6B For BP Stake In Kazakh Venture

By Christopher Norton (December 11, 2009, 4:35 PM EST) -- Lukoil has agreed to pay $1.6 billion for BP PLC's 46 percent stake in the energy giants' joint Lukarco BV venture, giving Lukoil full ownership of the project's interest in Kazakhstan's Tengiz oil field and the Caspian Pipeline Consortium....

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