Putin reaches out to Trump on gas, oil, shale

AFP , Monday 16 Jul 2018

Russian President Vladimir Putin said he assured US President Donald Trump on Monday that Russian gas deliveries via Ukraine will continue despite the proposed new Nord Stream 2 pipeline.

"I assured the president that Russia was ready to maintain this transit route" for Russian gas, Putin said.

He was addressing concerns that the planned Nord Stream 2 line through the Baltic and Germany would put Washington's Ukrainian allies at a disadvantage.

Putin also suggested to Trump that Russia and the United States cooperate on regulating oil and shale gas production.

"We could work together in a constructive way to regulate the international markets because the extreme drop in prices is not in our interests," Putin said.

He spoke at a news conference alongside Trump in Finland after the two leaders' first ever joint summit.

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