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Work-Permit Tour Exemplifies Strange Feud.

Europe Intelligence Wire

| July 04, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Moscow Times)

A senior TNK-BP employee and the government's top work-permits official walked triumphantly into the sunshine Thursday, after the Federal Migration Service issued eight permits to the firm's senior staff, including CEO Robert Dudley.

Then they did it again for the cameras.

In a bizarre event that exemplifies the chaotic nature of the dispute between TNK-BP's British and Russian shareholders, the Federal Migration Service, keen to distance itself from the conflict, invited a small group of reporters to witness the work-permit issuance.

"The employees can now stay in the Russian Federation and continue their work within the framework of Russian law," said Oleg Artamonov, head of the service's department for foreign work permits.

Usually a formality, the renewal of work permits and visas for TNK-BP's foreign employees has come to symbolize the struggle between BP and AAR, the consortium representing the firm's Russian shareholders, Mikhail Fridman and German Khan's Alfa Bank, Viktor Vekselberg's Renova and Len Blavatnik's Access Industries.

AAR has been pushing for Dudley's ouster, arguing that he has been acting in BP's interests since TNK-BP's founding in 2003. The consortium has called an extraordinary shareholders meeting of TNK-BP Management for Monday to discuss his replacement.

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