PM Putin to discuss Shell's Russia expansion with CEO

26 June 2009 @ 08:30 am EDT

Russia's Prime Minister Vladimir Putin will meet Royal Dutch Shell's CEO Jeroen van der Veer on Saturday to discuss possibilities for the company's expansion in Russia, Putin's spokesman said on Friday.



Shell's Chief Executive Officer Jeroen van der Veer speaks during the presentation of Shell's fourth-quarter and 2008 results in the Hague January 29, 2009. Royal Dutch Shell reported a big drop in fourth-quarter next profits and missed analysts' forecasts, but the oil major eased investor fears about cashflows by raising its dividend while lifting planned investments.
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"They will talk through the perspectives of the company's activity's expansion in the Russian Federation," Dmitry Peskov said. A Shell spokeswoman confirmed that the meeting would take place but declined to comment on its agenda. (Reporting by Gleb Bryanski, editing by Simon Shuster)

Copyright 2009 Thomson Reuters. All rights reserved.

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