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Putin Ready to Seize British Oil Assets in Russia Print E-mail
by Tom McGregor    Fri, Jul 25, 2014, 02:03 AM

Russian President Vladimir Putin is threatening to seize all British oil assets in Russia if Great Britain Prime Minister David Cameron moves forward on tougher sanctions aginst Moscow.

According to the Daily Telegraph of London, "Russia has issued a threat to seize the assets of British companies including BP and Shell as a retaliation against David Cameron’s demand for tough sanctions. In a mounting war of words, a senior diplomatic source claimed Moscow would “fight back” against any industry-wide EU sanctions by putting British companies working in Russia oil on the frontline."

Putin is quoted as saying that, “We want friendly relations. We will go along as far as we can. Then we will retaliate.”

According to the Daily Telegraph of London, "The official measures will include seizing the assets of British firms, adding: “BP and Shell have a lot of assets in Russia.” The two firms have major partnerships with Russia energy firms Gazprom and Rosneft."

Great Britain is currently enjoying greater economic prosperity.

To read the entire article from the Daily Telegraph of London, link here:

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