BP bosses to meet Putin tomorrow

[Dover]

Source: The Guardian

BP bosses to meet Putin tomorrow

Terry Macalister
Thursday March 22, 2007
The Guardian

The current and future heads of BP are to meet the Russian president, Vladimir Putin, tomorrow amid mounting expectation that the Kremlin will make moves to buy out the 50% stake in TNK-BP now in the hands of local Russian investors and hand it over to one of the state energy firms, such as Gazprom or Rosneft.
Lord (John) Browne, the chief executive, and Tony Hayward, his designated successor, will visit Moscow at a time of great uncertainty for foreign and private firms in the Russian energy sector. Gazprom is already negotiating to buy its way into TNK-BP's Kovytka gas export project, having earlier taken a stake in Shell's Sakhalin gas scheme...cont'd









Read more: http://business.guardian.co.uk/story/0,,2039503,00.html

[JohnLocke]

1. Bring garlic and a wooden stake (nt).