Israel to U.S. : Now Deal with Syria and Iran Message Board

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Politics : Israel to U.S. : Now Deal with Syria and Iran

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To: rrufff who wrote (3418)	11/4/2003 9:20:58 AM
From: GUSTAVE JAEGER	Read Replies (1) of 22250

Re: I'd like to see more information and see it play out so that Russia truly becomes a democratic capitalist nation. Why don't you just ask Lord John Browne about how he feels about corporate Russia? Here's a clue: Wednesday, 12 February, 2003, 12:00 GMT BP spends billions on Russian deal The British energy giant BP is investing billions of pounds in a new joint venture in Russia. The company said it was joining with the Alfa Group and Access-Renova (AAR) to create Russia's third biggest oil and gas business. For its 50% stake in the new company BP will pay a total of $6.75bn (£4.17bn) in cash and shares over the next four years. Chief executive Lord Browne described the transaction as "a major strategic step into a country with massive oil and gas reserves and immense potential for future growth". "This is one of the six great places we are investing in, not just for the next five years, but for the next 20 years," Lord Browne told the BBC's World Business Report. He said that BP had a tough time initially when it entered Russia five years ago by buying 10% of Sidanco. "We have gradually built an important, mutually beneficial relationship with the owners of AAR and learned a great deal about doing business in Russia." [...] news.bbc.co.uk Putin's deal with the British major spelled the demise of kleptocrat Khodorkovsky... but hey, don't worry: Mister Browne too is the "son of a Holocaust survivor"(TM). Jewish oil is catching up with Arab oil, eh? Gus

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