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Russia and Russian Business Gets a Taste of Its Own Expropriation Medicine

MOSCOW, Sept 14 (Reuters) -Norway's StatoilHydro STO.OL is looking for new business opportunities in the Russian Arctic and says the investment climate in Russia is "acceptable" for new projects, the company's country head said on Monday.

"We regard the possibilities for doing business in Russia as acceptable from StatoilHydro's point of view," Bengt Lie Hansen, president for StatoilHydro Russia, told the Reuters Russia Investment Summit.

Apparently Statoil is not too concerned about being treated unfairly.

Russia and Russian Business Gets a Taste of Its Own Expropriation Medicine

What property has russia expropriated? If paying 7bn for kovykta is expropriation then please let Shell know they have been swindled as they were ecstatic to sell the field to Gazprom. Prior to GM bankruptcy they were engaged in negotions with Gaz(Deripaska) to produce GM cars, so they must not have been worried about any depradations. Do you have anything truthful or insightful to say?