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Archive for February 14th, 2007

Russian regulator to inspect Sakhalin-1 in spring

Russia's environmental watchdog will inspect the Sakhalin-1 oil and gas project in Russia's Far East this spring to check on its compliance with its licensing agreements, an agency official said Wednesday.
The project, which is operated under a production-sharing agreement (PSA) by Exxon Neftegas Limited, a subsidiary of U.S. oil major Exxon, is located on Sakhalin [...]

Wednesday, February 14th, 2007

Gazprom will close the Sakhalin-2 deal in March

Gazprom is going to close the deal aimed to acquired the working interest in the Sakhalin-2 project by Mar. 31,2007. This date is set in the protocol signed by the Holding and the holders of the project, as it was informed in the report.
Gazprom signed up a protocol with the project participants stipulating the acquisition [...]

Wednesday, February 14th, 2007

Fishing vessels in Sea of Japan, Okhotsk Sea get storm warning

All ships operating in the Sea of Japan and the Okhotsk Sea have been ordered to hide from a cyclone in safe bays.
Gale force winds and snowfalls are currently raging in the Primorsky Territory, but the cyclone is gradually moving towards Sakhalin and is expected to intensify and hit the island on February 15. A [...]

Wednesday, February 14th, 2007

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