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Gazprom names Shell as top potential partner in Sakhalin-3

April 14, 2009

Need to know

Natural Resources

BP: The oil and gas group will hold its annual meeting on Thursday, when Peter Sutherland, the chairman, will face calls for his departure because of his involvement as a non-executive director of the troubled Royal Bank of Scotland.

Gazprom: The Russian gas group has named Royal Dutch Shell, the Anglo-Dutch oil and gas company, as a top “potential partner” in its new upstream Sakhalin-3 project in Russia’s Far East.

Oil and Gas UK: The leading lobby group for the North Sea oil and gas industry has called on the Chancellor to introduce tax concessions for its members or risk the loss of about 50,000 jobs and a sharp decline in investment in offshore exploration.

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