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Russia to propose expansion of cooperation between Shell and Gazprom

By Blanche Gatt – Sep 12, 2011 7:57 AM GMT+0100

Royal Dutch Shell Plc (RDSA) : Russian President Dmitry Medvedev will propose Royal Dutch Shell Plc expand cooperation with state-run OAO Gazprom during the first visit by a U.K. prime minister in six years, as the leader seeks to improve relations between the countries.

Separately, South Rub Al Khali Co., a joint venture between Royal Dutch Shell Plc and Saudi Arabian Oil Co., named a chief executive to run the company that explores for natural gas in Saudi Arabia. The stock slumped 2.1 percent to 2,017.5 pence.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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