BP continues to maintain that the tie-up with Rosneft is just resting. But the Kremlin says that the deal is dead and will not be resurrected.
“The deal became a drag” in its previous form, Shmatko told reporters today in Moscow. “I don’t believe in the possibility of reincarnation for that particular deal.”
It is, in other words, a passed parrot.
The only real question is why, and in particular, why Sechin wasn’t able to pull it off–or perhaps more accurately, why Putin pulled the rug on Sechin. On those lines, I suggest you all check out Pahoben’s comment on the previous post (Igor Pyle). He provides additional detail as to why it is risible for Sechin or Putin or anybody else to claim “Surprise, surprise, surprise” at the TNK-BP shareholder agreement, and presents some plausible conjectures as to what killed this particular parrot.