| July 2008 |
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BP has rejected proposals made at a board meeting of TNK-BP by a group of four Russian billionaires that jointly own 50% in the Russian-British joint venture, Russian shareholders said on Sunday. 
Pfleiderer AG, a Germany-based producer of engineered wood products, will invest 144 million euros ($227.5 million) in building a new fiberboard plant in northwestern Russia, a company source said Sunday. 
Russian energy giant Gazprom [RTS: GAZP] and Iran's Ministry of Petroleum will sign on Sunday a memorandum of cooperation in the oil and gas sphere, an Iranian deputy oil minister said. 
The United Kingdom's First Sea Lord, Admiral Sir Jonathon Band, will visit Russia July 13-19, the British embassy in Moscow said on Sunday. 



