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Archive for December 6th, 2006

Prosecutors find over 100 breaches in Sakhalin-II

At least 100 violations of the environmental, migration and labor laws have been discovered in the Sakhalin-II energy project, local prosecutors said Wednesday.
Sakhalin-II run by British-Dutch Royal Dutch/Shell has been under scrutiny since Russia's Natural Resources Ministry canceled its own 2003 approval of the project in mid-September.
"It has been established that builders of the gas [...]

Wednesday, December 6th, 2006

Sakhalin, North Korea to cooperate in forestry, fisheries

Russia's Sakhalin region and North Korea have agreed on cooperation in forestry, fisheries, agriculture and construction.
North Korea's wood-cutters will fell 70,000 cubic meters of round timber on Sakhalin annually, its farmers will grow vegetables in hothouses, while a North Korean company will engage in fish processing on the Russian island.
The protocol on cooperation was signed [...]

Wednesday, December 6th, 2006

Sakhalin gas: ONGC may opt for direct marketing

ONGC is considering various options, including direct marketing or swap for gas from Sakhalin fields in Russia.
A senior ONGC official told Business Line that apart from the issue of pricing, the company's price negotiation committee was discussing with the Exxon Mobil consortium options to bring the gas into the country.
"We are also examining the options [...]

Wednesday, December 6th, 2006

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