| GEO Business|
| BP resolves closure of operations in Pakistan|
| Updated at: 1054 PST, Tuesday, July 20, 2010|
BADIN: The British Petroleum (BP), an international oil-drilling company working in Badin, has resolved to close down all operations in Pakistan and will soon sale out its shares owing to financial crisis being faced on account of Gulf sea oil spill, Geo news reported.
According to sources, talks over sale of BP shares in Pakistan are in final phase with a UAE-based company and a meeting, in this connection, was held at Khaskheli Oil Field in Badin district on Monday.
BP sources said the final decision would much likely be announced following conclusion of series of meetings with the government of Pakistan to be held today in Islamabad.
Company employees, working in Pakistan, told Geo news that the owners have already announced to give three-month salaries to all employees as bonus.