(Bloomberg) -- Four corporate heavyweights are arrayed
before Russian President Vladimir Putin in his Kremlin office. Sitting
across a white oval table from Putin are Shoei Utsuda and Yorihiko
Kojima, chief executive officers of Japan's largest trading companies,
Mitsui & Co. and Mitsubishi Corp.; Jeroen van der Veer, head of Royal
Dutch Shell Plc, Europe's biggest oil producer; and Putin's old
friend, OAO Gazprom CEO Alexei Miller. The purpose of the Dec. 21,
2006, confab: to seal a deal made earlier that day in which
Gazprom, the giant state-run gas company, will take control of
Sakhalin-2, a $22 billion oil and gas project on Sakhalin Island in
the Russian Far East.
Van der Veer and the Japanese executives make a show of
endorsing Gazprom's participation in Sakhalin-2, until now the
biggest totally foreign-owned energy venture in Russia. ``Thank you
very much for your support on this historic day,'' van der Veer
says to Putin in remarks captured on camera and posted on the
Kremlin's Web site. ``Gazprom is very welcome as a partner in our
project.''
Read more at Bloomberg Exclusive News
before Russian President Vladimir Putin in his Kremlin office. Sitting
across a white oval table from Putin are Shoei Utsuda and Yorihiko
Kojima, chief executive officers of Japan's largest trading companies,
Mitsui & Co. and Mitsubishi Corp.; Jeroen van der Veer, head of Royal
Dutch Shell Plc, Europe's biggest oil producer; and Putin's old
friend, OAO Gazprom CEO Alexei Miller. The purpose of the Dec. 21,
2006, confab: to seal a deal made earlier that day in which
Gazprom, the giant state-run gas company, will take control of
Sakhalin-2, a $22 billion oil and gas project on Sakhalin Island in
the Russian Far East.
Van der Veer and the Japanese executives make a show of
endorsing Gazprom's participation in Sakhalin-2, until now the
biggest totally foreign-owned energy venture in Russia. ``Thank you
very much for your support on this historic day,'' van der Veer
says to Putin in remarks captured on camera and posted on the
Kremlin's Web site. ``Gazprom is very welcome as a partner in our
project.''
Read more at Bloomberg Exclusive News
1 comment:
Russia's oil boom is an interesting issue. The U.S. is not the only country interested in the production of oil in the Russian province. Here is a list i found of the companies and countries involved.
Russian Oil Production
Cheers!
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