Friday, June 1, 2007

Russia Postpones Decision on BP Siberian Gas Unit's License, Interfax Says

(Bloomberg) -- Russian officials postponed a
decision on whether to revoke the license held by BP Plc's
Russian venture to a Siberian field with enough natural gas to
supply Asia for five years, Interfax said.

A Natural Resources Ministry commission delayed making a
decision on the license for the Kovykta field in Siberia for two
weeks because of the ``complexity of the issue,'' Interfax cited
an unidentified person with knowledge of the decision as saying
in Moscow today.


Read more at Bloomberg Emerging Markets News

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