TNK-BP open to offers: Fridman

Alfa Group head Mikhail Fridman speaks to the press during a press conference in Moscow, Monday, June 16, 2008. Russian shareholder Fridman says the Russian shareholders in TNK-BP will fight for changes in a company they say is pursuing the interests of BP to the detriment of its own development. (AP Photo/Alexander Zemlianichenko)

Options: Former TNK-BP chief executive Mikhail Fridman told Kommersant that the company's shareholder structure was outdated.

Alexander Zemlianichenko

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Andrew Hobbs

 31 May 2012 10:29 GMT

TNK-BP was leaving the door open to the prospect of a third investor, the company’s former chief executive has told reporters following his resignation earlier this week.

Mikhail Fridman, also a co-owner of the Russian joint venture with Britain’s BP as part of the AAR consortium, quit as chief executive on Monday, deepening a leadership crisis that has deprived the company of a functioning board, Reuters reported.

Fridman said told the Kommersant business daily in an interview that TNK-BP's current shareholder structure "no longer serves the interests of each party", adding that only one – either BP or AAR – should control the company, Russia's third largest crude producer.

"There are a lot of different options. For example, BP becomes…

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