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Putin in gas extraction summit

Russian Prime Minister Vladimir Putin said he will this week hold a meeting on how to tap giant gas reserves on the Arctic Yamal peninsula, and global majors hope to hear about tax breaks and the easing of regulations. Industry sources said invitations had gone to the heads of Total, Royal Dutch Shell, Exxon Mobil, ConocoPhillips, StatoilHydro, ONGC, Petronas and Russia's gas export monopoly Gazprom.