BP vents its frustration on Russian partners

BP has launched its fiercest attack yet on the Kremlin and its joint venture partners at TNK-BP, accusing them of acting like “corporate raiders” who risk destabilising Russia and closing the country to foreign investment.

BP chairman Peter Sutherland warned that unless President Dmitry Medvedev backed up his promises to restore “the rule of law”, Western companies would likely turn their back on the country, depriving it of the capital and expertise needed to develop its oil resources.

Telegraph