Tuesday, May 15, 2007

Russian minister still sees TNK-BP losing Kovykta

(Reuters) - The firm gained a reprieve against the threatened withdrawal of its license for the East Siberian field by persuading a court in the Irkutsk region to clarify its license obligations at a hearing set for May 23.

Asked whether he still expected the license to be withdrawn, minister Yuri Trutnev said "I think so, yes. They are not fulfilling their license agreement.


Read more at Reuters.com Mergers News

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