BP Staff in Russia May Have to Leave


Published: July 2, 2008

MOSCOW — In another sign of Russia’s souring relationship with Western oil companies, foreign staff members of BP’s joint venture in Russia, including the chief executive, will be required to leave the country later this month, some of them permanently, because their work permits were not renewed.

BP is struggling to maintain control over the lucrative venture, TNK-BP.

TNK-BP accounts for about a quarter of BP’s global oil output but is unraveling under pressure from its Russian partners and the Russian government.

In a statement, BP cautioned that the management turmoil might harm operations and perhaps oil output.

http://www.nytimes.com/2008/07/02/bu...=MYWAY&ei=5065