Shell intending to expand operations in Sakhalin-2 project
NOVO-OGARYOVO. April 18 (Interfax) - During a meeting with Russian President Vladimir Putin, Shell CEO Ben van Beurden said the company intended to continue developing cooperation with Russia, while Putin in turn promised him support.
At the meeting, Beurden said the company had been participating in the Sakhalin project for 20 years.
"I think we have accomplished a lot on Asian energy markets, and when I last met with Mr. Miller [Gazprom CEO Alexei Miller], we came to the agreement that it is necessary to develop this project further," Beurden said, adding that it was necessary to develop projects "based on our high level of accomplishment on the project that is seen, and to further expand our presence in Asia."
"I think now is the right moment to expand the project," he said, adding that serious support during the project's implementation would be required for this.
"And of course one of the aims of my visit and meeting with you, Mr. President, is to request support from you on the project," Beurden said.
He also said profitable cooperation was currently being carried out with Gazprom Neft in Siberia as well.
Putin said he was glad Shell is planning to expand its activities.
"I'm glad that the company has plans to expand its activities and in agreement with our Russian partners, or if you carry out certain projects independently, we will of course provide the necessary administrative support," Putin said.
He also said he hoped cooperation with Shell "will continue as successfully as it has been over the last several years."
"We came to Russia more than 100 years ago. We have a long-term vision of cooperating with your country, [and] we would like to remain your reliable partner on a long-term basis in the future and develop our relations in every way possible," Beurden said.
