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Archive for the 'Sakhalin III Project'

Zubkov positive to India’s plea on Sakhalin III

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 [...]

Thursday, February 14th, 2008

Sakhalin-3: Who’s next? Korea?

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 [...]

Thursday, December 13th, 2007

Deora to pitch for OVL in Sakhalin III

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 [...]

Saturday, November 24th, 2007

Sinopec Considering Pulling Out of Sakhalin III Project

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 [...]

Thursday, October 18th, 2007

India eyes Sakhalin-III role

India plans to pitch for projects in the Russian Far East during a visit by Indian Petroleum and Natural Gas Minister Murli Deora, news reports said.
The Web site of state-run broadcaster Doordarshan reported Monday that Deora, during a visit to Moscow later this month, will make a pitch for Indian firms' participation in future Sakhalin [...]

Tuesday, October 16th, 2007

Russia to keep Sakhalin-3 oil block for own firms

Russia will auction off oil and gas blocks of the Sakhalin-3 project as strategic deposits, Resources Minister Yuri Trutnev said on Monday, signalling that foreign access to the project will be limited.
"Sakhalin-3 should be part of strategic (fields)," he told a news conference.
U.S. oil major Exxon Mobil has long hoped to revive its involvement in [...]

Tuesday, October 2nd, 2007

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