TNK-BP increases targeted 2010 capex to $4.5 bln
MOSCOW. Feb 27 (Interfax) - TNK-BP is now planning $4.5 billion in capex this year, German Khan, the Russian-British oil company's executive director, said in an interview with the Russia Today TV channel.
TNK-BP executives have said the company was targeting $4 billion capex in 2010.
Sergei Brezitsky, it executive vice president for exploration and production, said in December that $3.3 billion-$3.5 billion would be invested in production this year.