Gazprom to Be Joined By Shell

People ♦ Published: April 9, 2013; 14:05 ♦ (Vindobona)

Russian energy giant Gazprom and British-Dutch oil producer Shell announced cooperation.

Gazprom to Be Joined By Shell / Picture: © Gazprom

Gazprom and Shell intend to cooperate in the search of oil and gas in the Arctic and for the production of shale oil. The respective memorandum of understanding has been signed by the two companies during a visit of Russian President Vladimir Putin in the Netherlands, as announced by Gazprom on Tuesday in Moscow.

According to the memorandum, Shell is supposed to support Gazprom…

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