ASSESSMENTS

Russia: Pulling the Trigger on TNK-BP

Apr 23, 2008 | 17:52 GMT

NATALIA KOLESNIKOVA/AFP/Getty Images

Summary

The Russian Federation is demanding about $250 million in back taxes from the holding company for Russian-British joint-venture energy company TNK-BP, Russian media reported April 23. The company has long been considered the next target in Russia's re-nationalization of its energy sector. Now the Kremlin has officially launched its attack.

Russian-British joint-venture energy company TNK-BP has long been considered the next target in Russia's re-nationalization of its energy sector. Now the Kremlin has officially launched its attack....

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