Nov. 26 - Vladimir Putin honored by Italy's Prime Minister in advance of talks. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) Russian President Vladimir Putin was greeted with full military honors by Italian Prime Minister Enrico Letta Tuesday as he arrived for bilateral talks in the Italian city of Trieste. The talks between the two leaders will largely focus on finance, energy and industrial issues. Putin was accompanied by ministers and business leaders. Italy's state-controlled oil major Eni is Russia's biggest wholesale gas client and imports natural gas on long-term contracts that are still in large part linked to high oil prices. Eni is constantly renegotiating its gas contract portfolio and reached deals with its main suppliers in Russia and Algeria earlier this year.