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Archive for the 'Sakhalin I Project'

Oil, gas production grows over 2 times in Sakhalin in 2007 against 2006

The production of oil and gas increased 2.5 times in Sakhalin in 2007 as against 2006. In 2007, 14.853 million tonnes of oil (6.162 million tonnes in 2006) and 6.409 billion cubic metres of gas (2.186 billion cubic metres in 2006) were produced. This was reported at a meeting of the administration of the Sakhalin [...]

Tuesday, February 26th, 2008

Sakhalin investor Buys Gazprom Emissions

Marubeni, a Japanese trading company, bought greenhouse-gas emission credits from Gazprom to capitalize on growing demand for the right to pollute air in Japan.
The transfer of the credit will be completed in December, Marubeni said Friday in a statement on its web site. Marubeni and Gazprom's trading arm also agreed to find ways to implement [...]

Tuesday, February 26th, 2008

Nippon Oil Buys Crude From Sakhalin-1 Under Long Term Contract

Nippon Oil Corp., Japan's largest refiner, signed a long-term contract to buy Russian oil from Sakhalin island, the first such agreement by the country's refiners in a drive to diversify supply from the Middle East.
Nippon Oil will purchase one vessel of oil, or 720,000 barrels, every quarter from the $13-billion Sakhalin-1 project starting this [...]

Tuesday, February 19th, 2008

ExxonMobil, CNPC Negotiate on Sakhalin-1

Sakhalin-1 operator ExxonMobil and Chinese CNPC proceed with the talks on potential gas supplies under the project, Interfax reported with reference to Robert Olsen, who is in charge of ExxonMobil production in Europe.
The preliminary agreement on supplying gas to China was made with CNPC in 2002, the official reminded, specifying that today’s purpose is [...]

Tuesday, February 19th, 2008

Exxon says Sakhalin-1 gas should be exported

Exxon Mobil believes Russia should allow the U.S. oil major to export gas from its Sakhalin-1 project off Russia's east coast because, contrary to Gazprom's claims, the gas is not needed for the local market.
"We are currently supplying the local market and fulfilling all of the local market's capacity needs," Exxon's head of oil [...]

Tuesday, February 19th, 2008

Exxon still talking to Chinese on Sakhalin gas

Exxon Mobil Corp is still in talks with China to sell natural gas from its Sakhalin-1 project in Russia, despite moves by Russian gas export monopoly Gazprom to block these plans, Exxon Senior Vice President Mark Albers said on Tuesday.
"We are in continuing dialogue with the Chinese to try to conclude that with a [...]

Friday, February 15th, 2008

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