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Archive for November 14th, 2006

Watchdog wants Sakhalin Energy stripped of water use licenses

The Russian environmental watchdog suggested Tuesday revoking water use licenses from the international consortium operating the Sakhalin II oil and gas project, off Russia's Pacific coast.
The watchdog said the Sakhalin Energy consortium, led by Royal Dutch Shell, is in breach of Russia's environmental regulations, and asked the agency overseeing the use of water resources to [...]

Tuesday, November 14th, 2006

Putin aide says Russia got little from Sakhalin deal

Royal Dutch Shell's $22 billion Sakhalin-2 oil and gas project has failed to spur Russia's economy because supply orders went to foreign not domestic firms, the Kremlin's top economist Arkady Dvorkovich told Reuters.
Russia is at loggerheads with the Shell-led group running the giant Sakhalin project in Russia's Far East, where costs have more than doubled [...]

Tuesday, November 14th, 2006

Watchdog to sue Sakhalin Energy in intl court for concealing info

Federal Service for Natural Resources Oversight plans to file a lawsuit in an international court against Sakhalin Energy for "concealing substantial information," Oleg Mitvol, deputy director of the watchdog, said at a news conference Tuesday, ITAR-TASS reported.
The Federal Service for Natural Resources Oversight is currently in talks on the issue with a U.S. legal firm, [...]

Tuesday, November 14th, 2006

Restoration and repair efforts begins on Kuriles after strong cyclone

Hurricane winds have destroyed roofs of houses to a total of over 3,000 square metres of roofing slate, broken 130 square metres of window glasses and broke a gym wall on the Iturup Island of the Kuriles chain. The wind force reached 46 metres per second.
According to the head of the civil defence and emergencies [...]

Tuesday, November 14th, 2006

Russia’s lost revenue in Sakhalin-2 to total $10 bln

Russia's lost revenue in the Sakhalin-2 project will total $10 billion, Russian environmental watchdog (Rosprirodnadzor) head Oleg Mitvol told journalists on Tuesday.
"Our lost revenue will stand at $10 billion. The most interesting thing is that this figure has been released by the project's operator itself," he said.
Steps to calculate Russia's damage in the project will [...]

Tuesday, November 14th, 2006

Emergency warnings over bad weather in Sakhalin

The Far East regional centre of the Russian Emergency Situations Ministry on Tuesday issued a warning over possible emergencies in the Khabarovsk territory due to worsening weather.
Heavy snowstorms and wind of up to 25 metres per second continue on the Okhotsk Sea coast on November 14-15.
Snowstorms and squall winds are observed in most districts of [...]

Tuesday, November 14th, 2006

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