Financial Times FT.com

TNK-BP under renewed Gazprom pressure

By Catherine Belton in Moscow

Published: April 23 2008 22:26 | Last updated: April 23 2008 22:26

Gazprom raised the pressure on TNK-BP, the Russian oil venture 50 per cent owned by BP, saying Russia could again consider revoking its licence to the Kovykta gas field if talks did not progress on selling control of the project to the state controlled gas group.

Alexander Medvedev, Gazprom’s deputy chief executive said: “We cannot wait endlessly.

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