Ukraine’s Savchenko says wants to run for president in 2019World May 25, 3:38
Putin venerates St Nicholas's relics in Cathedral of the SaviorSociety & Culture May 24, 21:53
Putin points out Russia’s good relations with EgyptRussian Politics & Diplomacy May 24, 21:30
Ukraine names conditions for Minsk accords' political part implementationWorld May 24, 20:44
Blaze-stricken Siberian areas expecting downpours that may quash firesSociety & Culture May 24, 19:45
Contact Group on Ukraine proposes more areas of disengagementWorld May 24, 19:39
Russian Emergencies Ministry says over 70 homes burn down in SiberiaSociety & Culture May 24, 18:49
International Chekhov Theater festival opens its doors for 13th time in MoscowSociety & Culture May 24, 18:44
Putin decorates commandoes for two-day face-to-face clash with militants in SyriaRussian Politics & Diplomacy May 24, 18:31
MOSCOW, September 1 (Itar-Tass) —— The alliance of Rosneft and ExxonMobil has given Russia has a serious partner with major financial resources and technologies, Energy Minister Sergei Shmatko told the Russia Today television news channel. He described the strategic partnership of the two oil companies as "a unique, revolutionary alliance."
"On the one hand, we have access to a serious partner with financial resources and technology - and technology is very important here, because after all the Arctic shelf is a very sensitive ecosystem," said Shmatko. "Of late the world was able to see the tragic consequences of irresponsible offshore drilling,” he said. “That is why we shall be under great control of the state, and we shall invite independent experts to look at how our company in cooperation with its partners will work on our shelf."
"On the other hand, the alliance of Rosneft and ExxonMobil is a very good signal to other companies today, it is an example of how cooperation between Russian and foreign companies may look like,” the minister said. “The plans for the exchange of assets, for entering joint markets, and for the investment of colossal funds into the development of the Arctic shelf that had been announced are a really good example."
Shmatko said that the development of oil deposits on the Arctic shelf, their exploration and development “is a strategic task of our state."
"The Arctic shelf is a real treasure of Russia, there are untold riches, and not only Russian companies, but foreign companies, too, are showing great interest in it."