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Archive for September, 2007

Sakhalin reg gets RUR 800 mln for quake-hit Nevelsk restoration

A sum of 800 million roubles was transferred on Friday to the Sakhalin regional budget for the liquidation of the aftermath of a devastating earthquake that hit Nevelsk on August 2.
Vice governor of the Sakhalin region Natalia Novikova said that the region has received the first tranche from the total volume of federal funds earmarked [...]

Saturday, September 22nd, 2007

Number of Far East wildfires doubles, area increases tenfold

The total area of fires raging in the Russian Far East has increased tenfold, from 18 to 170 hectares (44.5 to 420 acres), in the past 24 hours, a source in the local emergencies service said Thursday.
The number of fires in Far Eastern taiga doubled - from four to eight - but currently pose no [...]

Thursday, September 20th, 2007

Yuzhno-Sakhalinsk Heat and Power Plant Will Start Working on Gas

Sakhalin Area Governor Alexander Khoroshavin held a meeting with the president of "Shell" company Jeroen Van der Veer.
At the meeting Alexander Khoroshavin expressed his hope of solving a problem of Sakhalin power engineering gasification with the help of "Sakhalin energy" company - operator of "Sakhalin-2" project. The Governor emphasized that the project of Heat and [...]

Thursday, September 20th, 2007

Gazprom in talks with Japanese banks on Sakhalin-2

Russian gas giant Gazprom has resumed negotiations with the Japan Bank for International Coop. to secure financing for the $20-plus billion Sakhalin-2 liquefied natural gas development project.
Financing the multibillion dollar project has become a key issue after the European Bank for Reconstruction and Development, a core member of the planned lending syndicate, pulled out in [...]

Thursday, September 20th, 2007

PM Zubkov hurries authorities to build homes in quake-hit Sakhalin

Russian Prime Minister Viktor Zubkov has instructed the executive authorities of the Sakhalin Island to take urgent steps to build new homes for people affected by the recent earthquake.
He gave the instruction at a meeting devoted to the implementation of measures to eliminate effects of the earthquake that jolted Sakhalin last August.

Thursday, September 20th, 2007

Sakhalin-2’s winter crude exports delayed

Russian Sakhalin-2's first year-round exports of Vityaz crude will be pushed back to next year due to delays in pipeline commissioning, sources said on Wednesday.
The delay will mean lower-than-expected winter supplies of a highly-sought light crude to a tight oil market worried about peak heating season demand and already facing record prices at above $82 [...]

Tuesday, September 18th, 2007

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