BP 2011 Annual Report Download - page 254
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252 BP Annual Report and Form 20-F 2011
Notes on financial statements
45. Subsidiaries, jointly controlled entities and associates continued
Jointly controlled entities %
Country of
incorporation Principal activities
Angola
Angola LNG Supply Services 14 US LNG processing and transportation
Argentina
Pan American Energya60 US Exploration and production
Canada
Sunrise Oil Sands 50 Canada Exploration and production
China
Shanghai SECCO Petrochemical Company 50 China Petrochemicals
Germany
Ruhr Oel 50 Germany Refining and petrochemicals
Trinidad & Tobago
Atlantic 4 Holdings 38 US LNG manufacture
Atlantic LNG 2/3 Company of Trinidad and Tobago 43 Trinidad & Tobago LNG manufacture
Taiwan
China American Petrochemical Companya61 Taiwan Petrochemicals
UK
Vivergo Fuels 46 England & Wales Biofuels
US
BP-Husky Refining 50 US Refining
Watson Cogenerationa b 51 US Power generation
a The entity is not controlled by BP as certain key business decisions require joint approval of both BP and the minority partner. It is therefore classified as a jointly controlled entity rather than a subsidiary.
b As at 31 December 2011 the group’s interests in Watson Cogeneration have been classified as assets held for sale. See Note 4 for further information.
Associates %Country of incorporation Principal activities
Abu Dhabi
Abu Dhabi Gas Liquefaction Company 10 United Arab Emirates Crude oil production
Abu Dhabi Marine Areas 33 England & Wales Crude oil production
Abu Dhabi Petroleum Company 24 England & Wales Crude oil production
Azerbaijan
The Baku-Tbilisi-Ceyhan Pipeline Company 30 Cayman Islands Pipelines
South Caucasus Pipeline Company 26 Cayman Islands Pipelines
Russia
TNK-BP 50 British Virgin Islands Integrated oil operations