THE NEW RUSSIAN EMPIRE – 5
The fourth part is here.
The UK is to force Russian billionaire Mikhail Fridman to sell a dozen North Sea gas fields owned by his $10bn energy fund L1 Energy, giving him just three months to comply or lose operating rights.
In a statement on Monday, Britain's Department of Energy and Climate Change stepped up the pressure on Mr Fridman's LetterOne Group to dispose of the fields, acquired as part of a €5.1bn deal in March to buy Germany utility RWE's oil and gas arm.
Ed Davey, UK…
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