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Archive for February 20th, 2007

Cyclone puts on alert emergency specialists in Kamchatka, Sakhalin

Local branches of the Russian Ministry for Emergencies in Kamchatka and the Severo-Kurilsky district of the Sakhalin Region were put on alert in connection with possible emergency situations to be caused by the powerful cyclone that swooped down on these areas on Tuesday, Itar-Tass learnt at the Far East regional center of the ministry.
The population [...]

Tuesday, February 20th, 2007

Russian economics ministry forecasts oil, gas exports growth by 2010

Russia's economics ministry said Monday it forecasts growth in oil exports to 273 million metric tons (some 2 billion barrels) and natural gas exports to 221.6 billion cubic meters.
In 2006, Russia's oil exports totaled 249.9 million tons (1.8 billion barrels) and natural gas exports 201.1 billion cu m.
The ministry said the gas exports forecast is [...]

Tuesday, February 20th, 2007

ONGC wants 49% in Sakhalin III

The management of India's Oil and Natural Gas Corporation (ONGC) has announced plans to acquire a 49% stake in the Russian Sakhalin III oil and gas offshore project.
However, it may face tough competition from other foreign companies, such as ExxonMobil or China's Sinopec. It may have to curb its appetite or else find a powerful [...]

Tuesday, February 20th, 2007

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