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Archive for October 2nd, 2006

Japan’s PM ’set to get tough with Russia’

Shinzo Abe, the staunch nationalist who came to power as Japan's Prime Minister promising a more internationally assertive country, will use the crisis over the Sakhalin-2 oil project in Russia's far east to show that a newly aggressive Tokyo is ready to get tough with Moscow, government insiders say.
Russia's decision to cancel Sakhalin-2, supposedly on [...]

Monday, October 2nd, 2006

No talks with Sakhalin Energy before probe ends

The Russian Emergency Situations Ministry will conduct no talks with the Sakhalin Energy Investment Company Limited - the operator of the Sakhalin-2 oil and gas project - before the end of the comprehensive probe into compliance with law enforcement legislation on October 25, the ministry's press-service has said.
"At the Sakhalin Energy's request there was a [...]

Monday, October 2nd, 2006

Korsakov: A fishing port with no fish

The only fish you're likely to see at the port of Korsakov on Russia's far eastern island of Sakhalin are the few caught by some locals crouching along the pier.
"Everything goes to Japan," said Sasha, a broad-shouldered 30-year-old who worked as a crab fisher here for five years, pointing out to sea in the direction [...]

Monday, October 2nd, 2006

Russia tries to strangle $20bn project to death

Sirens scream, jeeps fly past, helicopters prepare for take-off. Russia's flamboyant environmental enforcer Oleg Mitvol is in town.
Mitvol's mission this time may be his biggest yet: to halt a $20bn (15.8bn-euro) energy project led by British oil giant Shell on Russia's eastern edge.

"Sakhalin Energy is treating us like a banana republic," Mitvol said on Friday [...]

Monday, October 2nd, 2006

Russia to start environment probe on Sakhalin 1 terminal

Russia's environmental watchdog is to start an inspection of the DeKastri terminal at Exxon-led Sakhalin 1 on October 9, the deputy head of theservice Oleg Mitvol said.
The inspection will run for one month until November 9, Mitvol said,adding he could not say if operations would be affected.
Exxon Neftegas in Moscow did not respond to repeated [...]

Monday, October 2nd, 2006

Sakhalin Squabble Threatening Profits

The concrete tanks and metal cranes of Sakhalin-2 rise incongruously from the forested shores of Sakhalin Island. Workers scurry around the sprawling plant putting the finishing touches to a project that will seek to harness the vast hydrocarbon riches that lie beneath the island's northern waters.

If the oil and gas starts flowing as planned in [...]

Monday, October 2nd, 2006

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