PUTIN PUSHES INTERNATIONAL OIL CEOS FOR ACCESS TO ASSETS
- Jun 22, 2012, Bloomberg
Daniel Yergin said in an interview - Jun
22, 2012 Bloomberg ,"Putin wants strong Russian international
majors. There is a natural tendency when you have a strong domestic industry to
want to grow it internationally,"
President
Vladimir Putin asked the chief executives of U.S. and European energy producers
to grant Russian companies access to international assets, holding out some of
the world's biggest untapped resources as a prize.
Putin is hosting the heads of Royal Dutch Shell Plc (RDSA),
ConocoPhillips, BP Plc (BP/) and Eni SpA (ENI) at the St. Petersburg
International Economic Forum, using the three-day event to say Russia is one of
the most welcoming countries for energy investments.
"Far from all countries allow such a broad involvement
by foreign companies in the energy sector," Putin said in a speech
yesterday, pointing to Mexico and Norway as countries where state-owned
companies dominate the energy industry.
