Royal Dutch Shell Plc  .com Rotating Header Image

New York Post: PUTIN PLAYS SHELL GAME

Bloomberg

December 13, 2006 — OAO Gazprom said it may buy 50 percent in Royal Dutch Shell’s $22 billion Sakhalin-2 project after months of Russian government pressure, helping President Vladimir Putin tighten his grip on the world’s biggest energy industry.

Gazprom may pay cash or a combination of cash and assets to buy the stake of Sakhalin-2, Board Chairman Dmitry Medvedev said. Medvedev, a former chief of staff for Putin, is also Russia’s First Deputy Prime Minister.

“Talks are proceeding quickly and will be completed soon,” Medvedev told reporters in Moscow. Putin has used tax and environmental probes to restore the state’s dominance over Russia’s oil and gas supplies, the world’s largest.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.