BP puts assets in Vietnam and Pakistan up for sale to help pay for Gulf spill

BP to sell assets in Vietnam and Pakistan

NEW YORK — BP PLC plans to sell company assets in Vietnam and Pakistan to help pay for the oil spill in the Gulf of Mexico.

A spokesman for the British oil giant told The Associated Press on Tuesday that the company has notified the governments of both countries about its plans. Spokesman David Nicholas says BP would use proceeds from selling various exploration and production facilities to help raise $20 billion for a Gulf spill relief fund.

Nicholas says the company hasn’t received any offers yet for the assets.