BP Head: Our Work In Russia Very Positive

The head of British oil giant BP John Browne said that the experience of his company in Russia has been ?positive despite foreign investors? concerns by the Russian government?s move to take over the embattled Yukos oil company.

?I think it is fair to say that the experience of investing in Russia generally has been very positive, with the usual ups and downs,? Browne said.

The BP chief did acknowledge that for some companies, ?Russia remains a dark and hostile place ? a source of risk rather than of opportunity.?