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Archive for January 13th, 2007

Japan, UK continue Sakhalin-2 discussions after EBRD pulls out

The $22bn Sakhalin-2 oil and gas venture, the largest foreign investment in Russia, may still receive funds from Japan and the UK after the European Bank for Reconstruction & Development pulled out.
Russia's state-owned Gazprom took control of the project from Royal Dutch Shell Plc. last month. Its entry prompted the EBRD to cancel plans to [...]

Saturday, January 13th, 2007

Sakhalin, North shores of State Hokkaido and Hawaii islands are under tsunami danger

In Pacific Ocean, near Japan Islands was strong earthquake.
According to the Richter scale the aftershocks magnitude was more than 8. Warnings had been announced.
From north shores of state Hokkaido, more than three thousand families have been migrated. There is no information about sacrifice yet.
Also tsunami danger threatens to Sakhalin, where peoples evacuation has already began.

Saturday, January 13th, 2007

Green groups welcome EBRD Sakhalin-2 pull-out

Green groups welcomed an international development bank's decision not to invest in the Royal Dutch Shell Plc operated Sakhalin-2 oil and gas project, but said on Friday they will focus their pressure on commercial banks and government lenders considering loans.
The European Bank for Reconstruction and Development said on Thursday it had ended discussions on the [...]

Saturday, January 13th, 2007

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