Siberian Coal Energy Company Siberian Coal Energy Company Siberian Coal Energy Company (SUEK) is one of top-ten global coal producers by output, international sales and reserves and Russia's largest coal producer, which has affiliates and subsidiaries in Krasnoyarsk Oblast, Primorsky Krai, and Khabarovsk Krai, Chita Oblast, Kemerovo Oblast, Buryatia and Khakassia. In February 2007, SUEK and Gazprom agreed to establish a joint company on the basis of their electricity and coal assets. The shares of new company would have been divided on the basis of 50% plus 1 share to Gazprom and 50% minus 1 share to SUEK. However, that deal was abandoned. In
Gazprom Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell signed in the presence of Putin and Mark Rutte prime minister of Netherlands a memorandum outlining the principles of cooperation within hydrocarbons exploration and development in the Arctic shelf and a section of the deep-water shelf. In 2008, Gazprom carried out of explorative well drilling; of 2D seismic and of 3D seismic survey. As a result, gas reserves grew by , and crude oil and gas condensate reserves grew by 61 million tons. Gazprom carries out prospecting and exploration in foreign countries such as India, Algeria, Venezuela, Vietnam,