» Wednesday, July 2, 2008

BP

Asked if the Prime Minister was going to speak to the Russian President about BP, the PMS replied that the Prime Minister would be meeting with Mr Medvedev in the margins of the G8 meeting next week. We hoped that the issues relating to BP would be resolved by then, but we would obviously only be giving a readout of what they had discussed once the meeting had happened.

Asked if they would speak before the G8 and how would this be resolved, the PMS replied that they would be meeting at the G8. At the moment there were discussions between BP and the Kremlin.

Asked if the Prime Minister was concerned that the issue had arisen, the PMS replied that our general position on this was that of course this was primarily a commercial matter, but we were monitoring developments. Clearly this did send a worrying signal to international investors about doing business in Russia, but we did hope that a solution could be found.

original source.

Briefing took place at 11:00 | Search for related news

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