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Archive for September 28th, 2006

Tokyo hopes Moscow is law-guided in handling Sakhalin-2 problems

Japan's government hopes that Moscow will handle the ecological problems confronting the oil and gas project Sakhalin-2 in keeping with Russian laws, First Vice Minister of Economy, Trade and Industry Takao Kitabata said.
He told a news conference on Thursday that Tokyo would watch the developments over the project, whose shareholders include Japan's major trade and [...]

Thursday, September 28th, 2006

Russian foreign minister “convinced” problems at Shell-led project will be resolved

Russia's Foreign Minister expressed confidence Thursday that environmental concerns that threaten to halt work on a US$20 billion (?16 billion) Shell-led liquefied natural gas project off the Far East island of Sakhalin could be resolved through dialogue, the Interfax news agency reported.

Russia's Natural Resources Ministry has given Sakhalin Energy - a consortium developing the Sakhalin-2 [...]

Thursday, September 28th, 2006

Russia’s environmental worries on Sakhalin

Russia has ordered a full environmental probe of Royal Dutch Shell's $20 billion Sakhalin-2 oil and gas development in the Russia's Far East.
Russia's environment watchdog RosPrirodNadzor says that Sakhalin Energy, the project operator, persistently violates environmental legislation.
In 2003, Russia's State Environmental Expert Review (SEER) of Sakhalin-2 made 60 substantial recommendations aimed at reducing environmental and [...]

Thursday, September 28th, 2006

Ecology official: Sakhalin II pipeline must be closed

A deputy head of Russia's environmental watchdog said Thursday that pipeline construction under the massive Sakhalin II oil and gas project in Russia's Far East must be stopped.

"Further work to build the Sakhalin II pipeline as it has been done to date is inadmissible," Oleg Mitvol said, adding he did not demand the closure of [...]

Thursday, September 28th, 2006

Gazprom Neft may give a license for Lopukhovsky area to Gazprom.

Gazprom Neft OJSC may transfer a license for the Lopukhovsky area (Sakhalin Island) to Gazprom, Gazprom Neft's President Alexander Ryazanov told journalists.

He said that the Company has nothing in Sakhalin and it is unprofitable for it to have one small field [Lopukhovsky]. That is why the Company will try to give it to its major [...]

Thursday, September 28th, 2006

Russia Watchdog Values Environmental Damage from Sakhalin-2 at $50 bln

The deputy head of Russia's environmental watchdog Rosprirodnadzor Oleg Mitvol told reporters on Thursday, Sept. 28, that Shell's Sakhalin-2 oil and gas project has brought about more than $50 billion in environmental damages.

According to Mitvol, this figure is composed of the cost of recultivation activities in the vicinity of Aniva Bay of Okhotsk Sea and [...]

Thursday, September 28th, 2006

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