Guangdong Dapeng LNG Company Ltd. isa Sino-foreignjoint venture with wholly-ownedsubsidiariesofCNOOC and BP each holdingequitysharesof 33% and 30%, respectively.
Well BP believes that at least two of the oligarchs, Victor Vekselberg and Leonard Blavatnik, would like out - or at least they would like to convert their holding in the joint venture into cash and BP shares.