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OPERATIONS

Sell up, oligarchs told

THE UK government is getting set to play hardball over the ownership of a suite of North Sea oil licences recently acquired by controversial Russian oligarchs Mikhail Fridman and German Khan, telling them it will strip the pair's LetterOne Group of the licences if they don't sell up immediately.

Haydn Black
Sell up, oligarchs told

The company purchased the 12 fields as part of the purchase of Germany's RWE's oil and gas unit DEA last month, but the move raised red flags in the UK over the pair's involvement. The UK fears the pair...

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