We are aware that on 19 and 20 March, the Russian authorities conducted searches at the Moscow offices of both TNK-BP, and BP. Files and computer servers were seized and company employees were questioned. We are also aware that on 25 March BP recalled 148 of its secondees from TNK-BP following a problem with their legal status. Most of the staff affected, including British nationals, have decided to remain in Moscow until the dispute is resolved. On the same day the Russian Interior Ministry launched an investigation into alleged tax evasion at a former subsidiary of TNK-BP.
We are in touch with the companies and continue to monitor the situation closely. We welcome the recent statement by Russia’s President-elect, Dmitry Medvedev, that actions against TNK-BP were not politically motivated. We expect any investigations by the Russian authorities to be conducted with full transparency and in accordance with Russian law.