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Gazprom, Shell May Expand Cooperation On Sakhalin Shelf – Prime-Tass


SEPTEMBER 18, 2009, 12:28 P.M. ET

MOSCOW (Dow Jones)–Russian natural gas monopoly OAO Gazprom (GAZP.RS) and Royal Dutch Shell PLC (RDSB.LN) may expand cooperation on the shelf off Russia’s Sakhalin Island, Gazprom said in a statement Friday, following a meeting of Gazprom CEO Alexei Miller and Royal Dutch Shell CEO Peter Voser, Prime-Tass news agency reports.

Voser and Miller have agreed to set up a working group to work on issues related to the development of the Sakhalin deposits, Gazprom said.

The companies are partners to develop the fields of the Sakhalin-2 oil and gas project. They may expand their cooperation to the Kirinsky block, licensed to Gazprom.

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