RusEnergy

LONDON, April 12 (RIA Novosti correspondent) - The TNK-BP company still has long-term plans for investments into Russia, the company's president Robert Dudley said, addressing the eighth Russian Economic Forum in London. According to our business plan in 2005, the investments are planned at the level of $1.8 billion , Mr. Dudley said. He did not mention the tax claims made to the TNK-BP yesterday. However, he expressed concern about a number of negative circumstances which may undermine the confidence of foreign investors in Russia. The investors, and not only foreign ones, are not always fully confident in the situation, the businessman said. Not all changes are viewed as positive. According to Mr. Dudley, the state continues to increase its influence, creating the elements of a command-administrative economy. He also pointed out the cases of a selective use of the laws. Mr. Dudley also expressed concern about a new draft law "On Mineral Resources," under which the companies with a foreign participation would be limited in the rights to develop strategic deposits. We would like to see, he said, more concrete definition of strategic deposits and what share of foreign participation would be liable to limitations.