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Total (TOT) CEO Christophe de Margerie feels "more optimistic" about investing in Russia's...

Total (TOT) CEO Christophe de Margerie feels "more optimistic" about investing in Russia's energy sector after a meeting with Pres. Putin, who "confirmed his wish to see foreign companies participate in the development of the energy sector in Russia - in all parts of the sector." TOT is a major partner in the Shtokman and Yamal projects in the country.
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Comments (3)
  • Neil459
    , contributor
    Comments (2644) | Send Message
    Of course Putin wants foreign investment, that does not mean that he won't take all of the assets whenever, wherever he wants. Some people's naivety never ceases to amaze.
    21 Jun 2012, 05:00 PM Reply Like
  • Daniel Fridson
    , contributor
    Comments (36) | Send Message
    Doing business in Russia carries certain risks, but I really don't think one of the most established oil companies in the world is "naive" at this point. Besides, this is just a boilerplate statement, wait and see what happens
    21 Jun 2012, 05:13 PM Reply Like
  • Peppino
    , contributor
    Comments (29) | Send Message
    I would NEVER trust any statesman from Russia.
    I would not blame BP if it sells its assets and abandon that country.
    21 Jun 2012, 06:00 PM Reply Like
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