Auction of TNK-BP's gas field is delayed

An auction due to end TNK-BP's ownership of one of Russia's biggest gas fields has been postponed for another two weeks.
TNK-BP, which is half owned by BP and four Russian billionaires, has wrangled for a decade over the Kovykta field.
The field was scheduled for auction after its owner, Rusia Petroleum, majority owned by TNK-BP, filed for bankruptcy last year.
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Source: The Telegraph