MOSCOW. (RIA Novosti economic commentator...

Although the Yamal Peninsula is in the sphere of strategic interests of Russian state-controlled natural gas monopoly Gazprom, the Dutch initiative may appeal to the Russian authorities.

On November 7, top managers of the Dutch companies met with Russia's Minister of Fuel and Energy Viktor Khristenko. Inspired by Gazprom's consent to Gasunie's participation in the construction of the Nord Stream gas pipeline, they expressed the desire to become partners in the development of gas fields on the Yamal Peninsula and the Kara Sea shelf.

A group of companies headed by British-Dutch group Royal Dutch Shell, which also included Gasunie, GasTerra, Essent and Van Oord, offered its unique technologies for hydrocarbons production and processing, pipeline construction and the creation of man-made islands for oil and gas producing and processing facilities.

True, no concrete agreements on the joint development of Yamal have been reached yet. According to Khristenko,

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