Shell and Gazprom sign Arctic agreement

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Russia's President Vladimir Putin (L) and Gazprom CEO, Alexei Miller, during a meeting on April 3, 2013. (Alexei Nikolsky, RIA-Novosti, AFP)
Russia’s President Vladimir Putin (L) and Gazprom CEO, Alexei Miller, during a meeting on April 3, 2013. (Alexei Nikolsky, RIA-Novosti, AFP)

This week, Russian energy company Gazprom signed an agreement with Royal Dutch Shell on exploration and development in Russia’s Arctic.

“Gazprom and Shell already partner in the Russian shelf development. The new accords enable us to explore the potential of our joint capabilities,” said Alexey Miller, Chairman of the Gazprom Management Committee in a press release.

The memorandum of intent outlines plans for the development of shale oil in the Chukchi Sea, East Siberian seas and the Pechora Sea.

The agreement was signed in Amsterdam by Gazprom’s Alexey Miller and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell, on April 8, 2013.

Related Links:

Shell to sign Russian Arctic deal with Gazprom Neft, Kremlin reveals, The Telegraph

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Eilís Quinn, Eye on the Arctic

Eilís Quinn, Eye on the Arctic

Eilís Quinn is a journalist and manages Radio Canada International’s Eye on the Arctic circumpolar news project. At Eye on the Arctic, Eilís has produced documentary and multimedia series about climate change and the issues facing Indigenous peoples in the circumpolar world. Her documentary Bridging the Divide was a finalist at the 2012 Webby Awards. Eilís began reporting on the North in 2001. Her work as a reporter in Canada and the United States, and as TV host for the Discovery/BBC Worldwide series "Best in China" has taken her to some of the world’s coldest regions including the Tibetan mountains, Greenland and Alaska; along with the Arctic regions of Canada, Russia, Norway and Iceland.

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