10 Feb 2011 12:45

TNK-BP unifies gas and energy divisions

MOSCOW. Feb 10 (Interfax) - TNK-BP has unified its gas and energy divisions, the company's executive vice president for gas and electricity supply, Mikhail Slobodin, told journalists.

"The company made this decision since these two divisions, gas and electricity, are interrelated. TNK-BP currently has projects for developing gas operations, as well as projects for expanding generation [of electricity]. It is entirely logical that these two areas would be connected," he said.

Slobodin said this would help boost the company's energy efficiency.

TNK-BP merged its gas and electricity divisions at the start of February. Slobodin now heads this area of operations.