BP (NYSE:BP) Holding On To All Trinidad Assets

Meeting with officials from Trinidad and Tobago, BP (NYSE:BP) CEO Bob Dudley said the company has no intention of selling any of its assets there.

Dudley said: "Selling BP's Trinidad assets was never an option. The Trinidad operations have had consistently strong safety and business performance and remain of strategic importance to the BP Group."

"It is very rewarding to see the progress that has taken place in Trinidad and Tobago over the past decades and to see the growth in the energy sector and the prosperity that it has brought to the country," he added.

BP produces about 450,000 barrels of oil equivalent a day in Trinidad, accounting for approximately ten per cent of their global hydrocarbon production.