Yuzno.com

The Indian company ONGC is joining Gazprom and Rosneft as a contender for the Sakhalin 3 project. Director of the Ministry of Industry and Energy department of state energy policy Sergey Mikhailov said at the Russian-Indian business forum in New Delhi yesterday that a decision would be made soon on the sale of a […]

Rosneft president Sergei Bogdanchikov believes joint development of Sakhalin-3 resources with Gazprom is a possibility.
‘In the Far East alone Rosneft has 2,600 km of various pipelines,’ Bogdanchikov told Interfax on the sidelines of an economic forum in Krasnoyarsk. ‘Not all of them are new, but some could be used in a future project. Gazprom already […]

The visiting Russian Prime Minister, Victor Zubkov, is learnt to have given a “sympathetic and positive” response to India’s plea for a major stake in the Sakhalin III and other major oil and gas projects in far-east Russia. India is a partner in Sakhalin I and gets oil supplies from there.
At a 20-minute meeting […]

Korean Kogas and Russia’s Gazprom are in talks about strategic partnership in Sakhalin-3 project. The section eyed by Kogas is yet a portion of federal reserve, but the analysts don’t doubt Gazprom will get it in the end.
Korea Gas Corporation (Kogas) will probably become Gazprom’s partner in developing Kirinsky block of Sakhalin-3. Today’s concern of […]

Petroleum minister Murli Deora will pitch for ONGC Videsh Ltd (OVL) getting a stake in the giant Sakhalin-III oil and gas project in far-east Russia when he visits Moscow next week.
“He is leaving for a two-day visit to Moscow on November 25 and of course, on agenda is getting Indian companies a stake in future […]

China Petroleum and Chemical Corp. (Sinopec), the country’s second largest oil and gas producer, is considering pulling out of its Russian Sakhalin III project with Rosneft due to the Russian side’s sluggish approach to the signing of a formal exploration and development agreement, a source informed about the situation told Interfax today.
“The message that Sinopec […]