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UK to respond soon to Russian oligarch's new terms in North Sea deal

Reuters - UK Focus

LONDON, March 11 (Reuters) - Britain's Department of Energy and Climate Change confirmed it had received further details from LetterOne, Russian billionaire Mikhail Fridman's fund, seeking to buy North Sea assets from RWE (Xetra: 703712 - news) .

"We have received further representations from LetterOne and will now consider these and respond in due course," a spokesman for the department said.

(Reporting by Karolin Schaps; editing by Susan Thomas)