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    RUSSO-BRITISH CONCERN TO BUY SLAVNEFT STOCK AS UKRAINIAN BARRIER FALLS

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    KIEV, JANUARY 13 (RIA Novosti correspondent Yevgeny Alexandrov) - Ukraine's Anti-Monopoly Committee has allowed the TNK-BP to purchase stock of the Russian-based Slavneft petroleum company, committee PR report from Kiev.

    Committee authorization was indispensable for the deal as the TNK-BP (Tyumen Petroleum Company/British Petroleum) has several Ukrainian-based companies in mediated control.

    The two oil giants finally established their TNK-BP joint venture, last August, and determined to acquire a half of Slavneft assets. The Siberian-based TNK and Sibneft together purchased 98.5% of Slavneft stock at US$1.86 billion, December 2002. As the BP announced last September, it was anxious to pay another $1.35 billion for a 50% block of the TNK-held Slavneft shares.

    The European Union anti-monopoly agencies authorized the TNK-BP to purchase Slavneft stock last December.

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