Natural resources
Drilling outfit
© RIA Novosti. Mikhail Voskresenskiy

Putin hails China’s participation in Arctic shelf gas project

Russia welcomes the participation of Chinese companies in gas production projects on the Arctic and Sakhalin shelf, President Vladimir Putin said after talks with Chinese President Xi Jinping, RIA Novosti reports.

"We welcome Chinese companies' participation in gas production on the Russian Arctic and Sakhalin shelf. Our Chinese partners' participation in developing the large Vankor oil and gas field in the north of the Krasnoyask Territory is under consideration," Vladimir Putin said.