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Friday, 05 December, 2008, 17:20 GMT | more >>

TNK-BP earmarks $1bn for gas



By Upstream staff 

BP's Russian vehicle TNK-BP is pressing ahead with gas utilisation programme as the Kremlin threatens to start punishing producers for gas flaring, company executive Sergei Brezitski said today.

"We have a programme of over $500 million approved by the board and could expand it potentially to $1 billion," Reuters quoted Brezitski, TNK-BP's executive vice president for production, as saying.


Thursday, 26 July, 2007, 09:58 GMT  | last updated: Thursday, 26 July, 2007, 09:58 GMT

Cut it out: TNK-BP is set to spend in a bid to curb gas flaring
 

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