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Archive for October 13th, 2006

Sakhalin-3 to Be Explored in Korean

South Korea is eyeing Sakhalin-3 project, Finance Minister Kwon O-kyu made clear yesterday. Russia's Rosneft and Chinese Sinopec are developing all area licensed under the project, and South Korea will hardly join the alliance. But it may count on the area that hasn't been distributed yet.
Chief of Russia's Technical Oversight Service, Rostekhnadzor, Konstantin Pulikovsky (who [...]

Friday, October 13th, 2006

Ship on the way to cyclone-hit Iturup Island to deliver aid cargo

The ship Ivan Kalita has left the Sakhalin port of Korsakov to deliver aid cargo to residents of the Kuriles' Iturup Island, which was severely hit by a powerful cyclone, the Emergencies Ministry's Sakhalin regional department told Itar-Tass.
Aboard the vessel are 250 tonnes of slates, glass, nails and other building materials. The Ivan Kalita is [...]

Friday, October 13th, 2006

Sakhalin-2 environmental damages to be assessed by Oct 25

The Federal Nature Usage Supervisory Service will finalize the assessment of Sakhalin-2 environmental damages on October 25, service deputy head Oleg Mitvol told.
"Updated information about environmental damages" resultant from the Sakhalin-2 project will be posted on that day, he said.
"The Prosecutor General's Office has received 15 sets of documents concerning violations of environmental laws by [...]

Friday, October 13th, 2006

Shell says has put right most Sakhalin violations

Royal Dutch Shell says it has taken less than a month to sort out most of the ecological violations Russian authorities have identified at its Sakhalin oil and gas project, but official probes continue.
Russia's ecological agency RosPrirodNadzor (RPN) has threatened to withdraw permits from the $20 billion project on the Pacific island of Sakhalin and [...]

Friday, October 13th, 2006

Despite hurdles, Shell says Sakhalin project is on target

Energy Investment Co., the Shell-led consortium developing the $20 billion Sakhalin 2 liquefied natural gas project, is facing political issues with the Russian federal government, but managers on the project say these will be resolved and the massive project will be completed on schedule, in 2008.

Sakhalin 2 is now 80 percent complete, and its building [...]

Friday, October 13th, 2006

Kremlin sees red over black gold, goes green

Russia is playing the environmental card to wrest control of its resources from western companies.
It was a meeting that seemed to encapsulate the growing conflict between a bullish Kremlin and the foreign oil companies working in Russia.
On one side was Oleg Mitvol, 190cm and dressed in a black coat, the Kremlin's attack dog leading the [...]

Friday, October 13th, 2006

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