Thanks .. The Russians are smart and they have the resources. Great article !
" Putin Meets Oil Execs in U.S.A.
During his visit to the United States, where he addressed the United Nations General Assembly and, on Sept. 16, met with President George Bush, Putin also met in New York with top executives from multinational oil companies. Conoco/Phillips, ExxonMobil, and Chevron were represented at a group meeting with Putin, followed by one-on-one discussions, behind closed doors, between the Russian President and some of the executives. Gazprom CEO Alexei Miller was in Putin's delegation.
Russian press pointed to development of the Shtokmanovskoye offshore natural-gas deposit in the Barents Sea, as one agenda item. Conoco/Phillips is reportedly seeking to buy a 20% stake in LUKoil. Putin spoke publicly about the "huge potential" for Russian oil and natural-gas sales to the United States, which currently buys only 2% of Russian output. "
