Russia: Putin holds meeting with Shell CEO

W/S Russian President Vladimir Putin and CEO of Royal Dutch Shell company Ben van Beurden meeting, St. Petersburg
SOT, Vladimir Putin, Russian President (Russian): “At the moment [Shell] is actively working on many projects. It is a major investor in the Russian economy. Direct investments are more than $15 billion.”
M/S Van Beurden *CUTAWAY*
SOT, Ben van Beurden, CEO of Royal Dutch Shell company: “[It is] very important also last month at St. Petersburg Economic Forum we made a major step forward with our long-term partner Gazprom Neft because we agreed formally to extend our collaboration in West Siberia developing new resources next to our existing collaboration. And that will be the single biggest investment in conventional oil and gas sector since the last five years.”
M/S Putin and van Beurden *CUTAWAY*
SOT, Ben van Beurden, Head of Royal Dutch Shell company: “For the next five years we will be adding at least one retail station a week in order to extend our network to the country.”
M/S Putin and van Beurden
SCRIPT
Russian President Vladimir Putin held a meeting with Royal Dutch Shell CEO Ben van Beurden in St. Petersburg on Thursday.
The Shell chief told Putin that in the next five years the company “will be adding at least one retail station a week in order to extend our network to the country.”
He also hailed last month's St. Petersburg International Economic Forum in helping the company to extend its collaboration with Russia's Gazprom Neft.
"That will be the single biggest investment in conventional oil and gas sector since the last five years," van Beurden concluded.