Today at the Gazprom headquarters Alexey Miller, Chairman of the Company's Management Committee and Peter Voser, Chief Executive Officer of Shell signed the Protocol on Global Strategic Cooperation.

The document stipulates main areas of further cooperation development between the companies in the Russian and international energy market, among them:

• further strengthening of bilateral cooperation in hydrocarbons exploration and production in Russia's Western Siberia and Far East;
• developing joint activities in hydrocarbons processing and distribution in Russia and Europe as well as involvement of Gazprom in Shell's oil and gas exploration and production projects in third countries.

“The accords reached constitute an outstanding example of developing a mutually beneficial strategic partnership between the largest global energy companies. Looking ahead, we expect new large-scale contracts and growing joint presence in new markets,” declared Alexey Miller.

“The signed Protocol evidences close partnership relations that our companies have built up over recent years. Russiais an important area for new energy development for Shell and I expect it will play a big role in meeting the world's growing demand for oil and gas in the years ahead,” mentioned Peter Voser.

The meeting resulted in the decision to introduce working groups for a detailed study of cooperation areas stipulated in the Protocol.

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