7 Mar 2013 11:03

MOSCOW. March 7 (Interfax) - BP and Rosneft are discussing onshore projects beyond Russia,, possibly in Venezuela, BP chief Robert Dudley said in an interview with the Russia 24 TV channel.

Dudley said the companies discussed joint projects on a constant basis. They could include the Arctic and offshore production. "But we are also discussing onshore projects, some of them outside Russia. The list is fairly long, but first we have to wait for the takeover of TNK-BP by Rosneft to be completed," Dudley said.

He said the joint projects might include joint production by BP and Rosneft in Venezuela. "We've always been linked to Venezuela one way or another. And now it has become clear that huge investment will be needed in that country in the decades to come we do of course plan to return there. BP is a big oil company so you can expect us in Venezuela. Of course Rosneft can play an enormous role there," he said.