Scientific centres to explore Arctic shelf to be built in

Russia welcomes the creation of scientific centres to explore energy resources in the Arctic.

Last Updated: Jan 15, 2011, 18:10 PM IST

Novo-Ogarevo: The Russian government
welcomes the creation of special scientific centres to explore
energy resources for joint development of shelf deposits in
the Arctic by BP and Rosneft, Russian Prime Minister Vladimir
Putin said at a meeting with the leadership of the company
British Petroleum (BP).

As BP chief executive director Robert Dadley said,
Russia`s Arctic shelf has a great potential and while
developing this region, it is necessary to use the latest
technologies. According to him, the construction of centres
for the shelf`s exploration in St Petersburg and Murmansk is
another stage of cooperation with Russia.

The BP head recalled that his company has been working
with Russia for a long time. BP has been a partner of Rosneft
for many years already and the two companies` cooperation, as
Dadley stressed, will be continued while implementing new
projects.

Dadley expressed the hope that cooperation between BP and
Rosneft on Russia`s Arctic shelf will favourably tell on the
investment climate and inflow of foreign investments to
Russia. He hopes that cooperation between BP and Rosneft will
be a powerful impetus for cooperation with Russia in the field
of investments.

PTI