Russia 'could' partner with Shell in Arctic: Putin
Prime Minister Vladimir Putin said Friday that Russia could partner in the Arctic with the Anglo-Dutch firm Shell after a share swap and oil exploration agreement with Britain's BP collapsed last week.
Putin said the British giant could still manage to work its way back into a deal with Russia's state-held oil company Rosneft.
But asked if Shell could replace BP in the deal, Putin replied: "It could."
"We feel entirely comfortable with them as a partner," news agencies quoted Putin as saying.
His comments came only days after Shell chief Peter Voser met in Moscow with the head of Rosneft and Igor Sechin -- Putin's top energy assistant who orchestrated the original BP agreement.
© 2011 AFP