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Deadline looms to bid for TNK-BP stake

17 October 2012 Last updated at 14:28 BST

BP's Russian partners have until today to make a bid for BP's share of its troubled Russian joint venture, TNK-BP. The stake is thought to be worth around $25bn.

After today other bidders can make an offer and state oil firm, Rosneft is seen as the most likely party to win control.

Russell Padmore reports.