OREANDA-NEWS. March 21, 2008. TNK-BP is a commercial organization engaged in normal and legitimate commercial activities.

We are a Russian company and we work successfully on a fair commercial basis with many other Russian companies — both State and privately owned. We operate within the Russian legal framework and we do not condone illegal activities, nor do we rely on unfair competitive practices. The company has never countenanced or supported any action designed to contradict or damage the interests of Russia.

We continue to cooperate with the Russian authorities to resolve any current issues using the established Russian processes.

Meanwhile the company continues to conduct its business activities as usual.