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Royal Dutch Shell to broaden cooperation Russia's Gazprom — CEO

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Royal Dutch Shell and Ukraine sign agt on gas exploration and production

LONDON, July 30. /TASS/. Royal Dutch Shell intends to further broaden the strategic cooperation with Gazprom within the Nord Stream 2 gas pipeline project framework, Chief Executive Officer of the company Ben van Beurden told TASS on Thursday.

"We negotiate with Gazprom on the details within the consortium. We have a dialogue with the governments in the UK and Netherlands. We should understand what we have to do because our activity [is] anyway affected by sanctions. But it’s a good step to proceed with our strategic relationships with Gazprom and do it "much larger," van Beurden said.

On June 18, 2015 Gazprom, E.ON, Shell and OMV signed a Memorandum of intent, which stipulates a joint construction of two lines of the Nord Stream 2 gas pipeline with a total capacity reaching 55 bln cubic meters per year from Russia to Germany through the Baltic Sea.

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Oil & Gas Gazprom Shell

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