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.

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