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. Last Updated: 07/27/2016

Miller Woos Oil Majors and Banks

Gazprom CEO Alexei Miller was in London Friday for talks on possible joint projects with some of the world's largest energy and financial companies.

Miller met with Royal Dutch/Shell chairman Jeroen van der Veer to discuss Gazprom's possibly joining the Shell-led Sakhalin-2 project tapping oil and gas fields off Sakhalin Island, Gazprom said in an e-mailed statement. The companies also discussed Shell's participation in Gazprom's Zapolyarnoe gas field in the Arctic, as well as prospects for joint production of liquefied natural gas in Russia and other countries, Gazprom said.

Miller also met with Exxon president Rex Tillerson to talk over joint production, marketing and sales of Russia's LNG to the United States. The two companies have also discussed possible cooperation in other oil and gas projects, Gazprom said.

Miller and BP CEO John Browne met to discuss possible short-term cooperation in swapping Gazprom's gas for liquefied natural gas from BP. The two executives also discussed BP's participation in Gazprom's project to build a gas pipeline to Europe, and the development of Kovykta gas field in east Siberia

Miller also met with Goldman Sachs International general director Peter Vainberg to discuss prospects for cooperation in investment banking services.

Miller also met with officials from Deutsche Bank, which will consult Gazprom's Gazpromneft unit on strategic development, Gazprom said. Gazprom is creating the unit by taking over state-owned oil producer Rosneft.

On Thursday, Miller met in Moscow with Alfonso Cortina, chairman of Repsol, Europe's fifth-largest oil company, about possible liquefied natural gas supplies to North America.