Feb. 3 (Bloomberg) -- TNK-BP, the Russian oil producer half-owned by BP Plc, may borrow as much as $2 billion this year, Chief Financial Officer Jonathan Muir said.
About $1 billion will be used to refinance existing debt, which the company usually does each year, Muir told reporters today in Moscow. TNK-BP, the third-largest oil producer in Russia, plans capital expenditures of about $5 billion this year, he said.
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