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Archive for November 28th, 2006

Shell ‘hanging in there’ on Sakhalin as Russia ups pressure

Royal Dutch Shell is "hanging in there", company sources say, as Russia squeezes its $22 billion Sakhalin-2 oil and gas project over cost overruns, environmental violations and to secure a stake for state firm Gazprom.
Sakhalin-2 on the Pacific island of Sakhalin, north of Japan, is one of the world's biggest and most ambitious energy projects [...]

Tuesday, November 28th, 2006

Sakhalin on the highest rate of industrial output growth

Of Russia's total 88 regions, 15 saw a decline of industrial output in January-September, according to the data of the Federal State Statistics Service obtained by Prime-Tass Tuesday.
The highest rate of industrial output growth, over 120%, was registered in the Primorsky, Kaliningrad, Sakhalin, Leningrad and Moscow regions, in Moscow and in the Aginsk-Buryat Autonomous District, [...]

Tuesday, November 28th, 2006

Sakhalin II project checking is over

The federal service for supervision of natural resource usage finished Sakhalin II project checking. Following the results of the conducted inspection the decision of whether the project operator Sakhalin Energy will be able to keep its production license or not.
Additionally the size of penalty charge for violation of environmental legislation will be defined.

Tuesday, November 28th, 2006

Findings of Sakhalin-2 checks on way to ministry, prosecutors

The Russian Federal Service for Supervision of Natural Resources (Rosprirodnadzor) has finished checks of compliance with environment legislation by Sakhalin Energy, an operator of the Sakhalin-2 project.
A source in the service told ITAR-TASS on Tuesday that "these materials are being turned over to the Ministry of Natural Resources in these hours".
"The 600-page document is a [...]

Tuesday, November 28th, 2006

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