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Archive for September 23rd, 2006

Large Amount Of Dead Fish Close To Sakhalin LNG

Dmitry Lisitsyn, president of Sakhalin Environment Watch, said that "large quantities of dead fish and crabs have been found on a ten-kilometer-long beach in Aniva Bay," in the southern coast of Russia's Sakhalin Island, where the plant is also located. "We have never seen this before," he said.
He said the incident had taken place in [...]

Saturday, September 23rd, 2006

A Gusher For Big Oil Is Drying Up

It's a new world for oil companies, as Royal Dutch Shell PLC, Exxon Mobil Corp., and others are learning the hard way in Russia. In the mid-1990s, the country was in economic turmoil. So the Kremlin agreed to advantageous deals for Western oil majors, which agreed to use their capital and technology to expand oil [...]

Saturday, September 23rd, 2006

Exxon May Soften Its Hard Line In Russia Project Talks

Used to taking a hard line with host governments, energy major Exxon Mobil Corp. may have to soften its stance over a potential disagreement over a massive oil project off the coast of Russia's Sakhalin Island.
The Irving, Texas-based company may hike the cost of the project by 30% to $17 billion, but Russian officials will [...]

Saturday, September 23rd, 2006

Gazprom Reaps the Benefit of Friends in the Kremlin

Gazprom, the natural gas operator, has benefited handsomely from its position as the monopoly supplier of Russian natural gas to Europe. Now the Kremlin-backed energy company may get a similar role in Asia.
This year Gazprom surpassed BP and Shell to become the second-largest energy company in the world by market capitalization, after Exxon Mobil. The [...]

Saturday, September 23rd, 2006

Russia Agency: Sakhalin Statement Was Released In Error

A statement saying a government agency wouldn't agree to cancel a key environmental permit for a $20 billion oil and gas project led by Royal Dutch Shell PLC was mistakenly released and doesn't reflect the agency's position, a spokesman for the state body said Friday.
The spokesman for the agency, known as Rostekhnadzor, said: "This press [...]

Saturday, September 23rd, 2006

Dead fish near by Sakhalin 2 LNG plant

This morning a lot of dead fish and shrimps were washed ashore in Aniva Bay where Sakhalin 2 construction site is located. CTSD Limited, the general contractor of the LNG plant construction, has conducted sampling of the seawater to determine any relation to the cause of death.

Saturday, September 23rd, 2006

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