TNK-BP plans $4bn Arctic spend

Artic outlay: Next three years will see TNK-BP sink $4bn into developing Artic fields

VLADIMIR AFANASIEV

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By News Wires

 08 February 2012 12:41 GMT

Russian joint venture TNK-BP has said it plans to invest around $4 billion over the coming three years to develop Arctic oil and gas fields.

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