BP Comes Under Renewed Pressure From Russian Partners in TNK-BP

摘要

BP appears to be coming under renewed pressure in Russia as its partners in TNK-BP, the Alfa and Access Renova (AAR) group, gear up for a fresh wave of attacks designed either to make the UK firm quit the venture or buy out its Russian partners. AAR has reportedly resumed tribunal proceedings in a bid to win an international arbitration verdict that BP broke the TNK-BP shareholder agreement when it tried earlier this year to join Russian state-controlled Rosneft in an Arctic exploration program. Such a ruling would make BP liable for billions of dollars in damages. It is understood that AAR is seeking between $5 billion-$10 billion.