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Archive for January 16th, 2007

Primorsk Shipping Corporation to build a gas carrier to participate in Sakhalin-2 project

The Primorsk Shipping Corporation (PRISCO), as part of the MOL/K Line/PRISCO consortium, has started building a carrier vessel to transport liquefied natural gas (LNG) to participate in the Sakhalin-2 project, the Corporation says.
The construction was begun in December 2006. Under the schedule, the gas carrier is to start operating in April 2008. The vessel is [...]

Tuesday, January 16th, 2007

18 repeated quakes registered in Kuril Islands chain

Eighteen repeated earthquakes have been registered in the Kuril Islands chain over the past 24 hours.
On Sunday, 28 underground tremors were reported.
The Sakhalin region, which is a part of the Kurile Islands, felt no tremors which posed no tsunami threat.
Over the two-month seismic activity 400 repeated earthquakes hit the Sumashir Island.

Tuesday, January 16th, 2007

Foreign vendors leaving Sakhalin

Local residents are flooding the markets in Yuzhno-Sakhalinsk to take advantage of the current sell-off of Chinese goods.
Chinese vendors are in a flurry of activity selling their wares before leaving Russia after the federal law restricting trade by foreigners took effect in Russia on January 15.

Tuesday, January 16th, 2007

Sakhalin Foreign Trade Turnover Reached US$3,684 Million in 2006

Sakhalin region's foreign trade turnover reached USD3,684 million in 2006. This is by USD460 million more than in 2005.
Sakhalin carried out joint economic activities with 64 countries. Its largest trade economic partner is South Korea. Trade turnover with this partner totaled over USD1.3 billion.

Tuesday, January 16th, 2007

Petrofac Training awarded further Sakhalin contract

Petrofac Training, through its Russian entity, PKT Training Services, has been awarded a follow up contract valued at approximately $4 million to provide operations and technical training to Sakhalin Energy Investment Company Limited, (Sakhalin Energy) operations and maintenance trainees on Sakhalin Island.
PKT has previously provided theoretical operations and technical training programmes to Sakhalin Energy and [...]

Tuesday, January 16th, 2007

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