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TNK-BP to Pay More Taxes
04 Feb 2004

Yesterday TNK-BP''s Head Robert Dudley told a U.S. edition, The Wall Street Journal, of its company''s plans in Russia. A key thesis that, apparently, he tried to communicate to Russian authorities was that TNK-BP was an entity absolutely loyal to them. According to Dudley, the scope of TNK-BP''s capital spending in 2004 is expected to climb by 30% to USD 1.3 billion. He also informed that the company was considering the possibility of increased tax payments. Robert Dudley believes that actions of that kind may be regarded a "genuine commitment to investments." He pointed out, though, that the Russian Government did not need to lift up taxes too high, if Russia is "willing to remain oil exporter No. 1." While displaying his loyalty, Robert Dudley went so far as nobody of heads of Russian extracting companies has ever gone before. He said that TNK-BP was eyeing the opportunity of re-registering its business in Russia (presently, the company is officially domiciled in the offshore zone of Virgin Islands).

Источник Nezavisimaya Gazeta

TNK-BP

TNK-BP is a major, vertically integrated Russian oil and gas company. In 2010, average daily oil production totaled 1.74 million barrels per day (excluding a 50% interest of Slavneft). TNK-BP operates five refineries (four in Russia and one in Ukraine) and nearly 1,490 branded retail outlets across both countries.


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