Overseeing the official launch of the Bovanenkovo natural-gas field in the Arctic by video link from his residence outside Moscow, Russian President Vladimir Putin called on Russian gas monopoly Gazprom, which supplies about a quarter of Europe's gas demand through a pipeline network, to reconfigure its strategy to adapt to the growing threat from shale gas. Russia is the world's second-largest producer of natural gas after the United States.

Politicians, experts and businessmen a...

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