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Home / News / Today's Headlines / TNK-BP to Step Up Environmental Protection


TNK-BP to Step Up Environmental Protection

(Moscow Times) - The Russian-British oil joint venture TNK-BP plans to spend more than 3 billion rubles ($88 million) on environmental protection in Russia this year, the company's vice president for health, safety and environment said.

"We believe we invest a substantial amount in environment protection, but we as a corporate citizen are not indifferent to how nature is protected in Russia," Yevgeny Bulgakov said. He said the spending on environmental projects will be higher than last year.

TNK-BP is carrying out prospecting and exploration of oil deposits in West Siberia, the Volga-Urals region, East Siberia and on Sakhalin Island. The company's oil output in 2007 reached more than 78 million tons.

- Copyright 2009, The Moscow Times. All rights reserved.  


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