LONDON - Britain has blocked a deal by Russian billionaires, Mikhail Fridman and German Khan, to buy 12 oil and gas fields in the North Sea as part of their acquisition of Germany's oil firm DEA from RWE (RWEG.DE), citing possible sanctions against Russia.
Reuters: UK blocks Russian oligarchs’ deal to buy North Sea fields
Mikhail Fridman, the Russian head of British-Russian oil venture TNK-BP speaks at a press conference in Moscow on June 16, 2008.
