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    FT: Fridman - Given "Detailed" Answer to UK on Gas Field

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Summary

UK: Russian oligarch Mikhail Fridman's LetterOne group has said it is taking every measure to resolve its dispute with the DECC over North Sea fields

by: Erica Mills

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Press Notes

FT: Fridman - Given "Detailed" Answer to UK on Gas Field

Russian billionaire Mikhail Fridman's LetterOne Group has provided the UK with what it calls "a detailed response" after Britain's energy secretary Ed Davey challenged it to explain why he should not request the sale of a dozen North Sea gas fields acquired in a €5bn euro deal from RWE last week.

"We have provided DECC with a detailed response and continue to engage with the department. We will leave no stone unturned to find a solution," LetterOne said in a statement, reports Chris Adams, energy editor.

Read the full article HERE.