GAZPROM - SHELL COOPERATION
GAZPROM - March 16, 2018. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg.
The parties discussed the state and prospects of strategic cooperation in the gas sector.
Particular attention was paid to joint efforts in the liquefied natural gas (LNG) segment, especially the construction of the third train of the LNG plant within the Sakhalin II project.
The parties also reviewed the status of the Baltic LNG project and further steps in the development of the Joint Venture Agreement.
Another important issue discussed at the meeting was the progress of the Nord Stream 2 project.
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FT - US shale oil companies have started to generate free cash thanks to the rise in crude prices, a landmark moment for an industry that has until now relied on an inflow of capital to support its growth.
WBG - Bank Group must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges.
IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures
IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.