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Archive for December 17th, 2006

Shell sees Sakhalin-2 deal with Gazprom this week

Oil major Royal Dutch Shell is on the brink of a deal to bring Russian gas monopoly Gazprom into the $22 billion Sakhalin-2 project, a spokesman said on Sunday.
"If progress continues to be made, we would expect talks to conclude by the end of this week," said Shell spokesman Alf D'Souza. He declined to give [...]

Sunday, December 17th, 2006

Japan seeks to regain full sovereignty over Kuriles

One most important thing Japanese Prime Minister Shinzo Abe wants to do is to recover Japan's Northern Territory, four of the Kurile islands occupied by the Russians since the end of the Second World War. He has a personal stake. His grand uncle Shinsaku Sato was able to get back Okinawa from the United States [...]

Sunday, December 17th, 2006

Russian threat to Shell

Royal Dutch Shell's cherished plans to boost production by 2009 are at risk from the continued struggle for control of its Sakhalin field in Siberia.
Jeroen van der Veer, Shell's chief executive, was in Moscow on Friday for another round of talks with Alexei Miller, his counterpart at Gazprom, the state-controlled gas group.
Gazprom is expected to [...]

Sunday, December 17th, 2006

Russia mauls Shell

Anton Chekhov, the Russian playwright, knew all about Sakhalin. In 1890 he took a three-month trip to the Siberian island, then a Russian penal colony, and summed it up in one word: "Hell".
By the end of last week, Jeroen van der Veer, chief executive of the Royal Dutch Shell oil group, probably shared his view.
On [...]

Sunday, December 17th, 2006

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