Английский язык. Любинская Н.А - 13 стр.

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       TNK-BP’s output grew 15.6 percent in 2004 to 1,4 million barrels a day, mak-
ing it one of the fastest-growing energy companies in Russia last year.
       TNK-BP has also helped BP’s fortunes, pumping roughly a third of the British
firm’s oil.
       One of Moscow’s two major stock exchanges, the RTS, delisted Yokos, and
the Prosecutor-General’s Office said a new criminal investigation had been opened
against the oil company’s jailed former CEO, Mikhail Khodorkovsky.
       The reorganization will be carried out in two stages. In the first, minority
shareholders in the company’s top three subsidiaries, TNK, Sidanco and Onaco, can
swap for stock in the new TNK-BP Holding or be bought out. TNK-BP controls 90
percent of the shares in the three units.

      1. Russian oil company TNK-BP is going to meld its subsidiaries and a lot of
         legal entities into
         A two subsidiaries.
         B two companies.
         C one company.
         D five entities.

      2. TNK-BP Chief Financial Officer said that they were offering shareholders a
         fair deal, something
         A they want to get in Russia.
         B they never get in Russia.
         C they always get in Russia.
         D they rare get in Russia.

      3. The company’s founders bought up oil operations
         A to create USA’s third-largest producer after Lukoil and Yukos.
         B to create the first-largest producer.
         C to destroy Lukoil and Yukos.
         D to start another business.

      4. Russia’s government wants
         A to collect taxes from oil and gas companies.
         B to collect taxes from everybody.
         C to make clear collecting taxes from oil and gas companies.
         D to give up collecting taxes from oil and gas companies.


Language development

III. Look at the words in bold in exercise 2 and try to explain them, then choose
any three and make sentences.