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Archive for January 24th, 2007

Japan’s energy official leaves for Moscow for talks with Gazprom

The head of the Japanese Natural Resources and Energy Agency, Harufumi Mochizuki, has left for Moscow to meet with Gazprom management to discuss fuel supplies to Far Eastern markets.
It is still unknown who will represent Gazprom at the talks, a Japanese agency's official told Itar-Tass on Wednesday. Last March Gazprom CEO Alexei Miller conducted the [...]

Wednesday, January 24th, 2007

Exxon: Sakhalin-1 to reach capacity output

The Sakhalin-1 project will reach its capacity of 33,000 tons of oil per day, the project's operator, Exxon Neftegaz Ltd., said Tuesday.
The Itar-Tass news agency said the first tanker was loaded with oil at De Kastri terminal in the Khabarovsk Territory in mid-October 2006 and more than 2 million tons have been shipped over the [...]

Wednesday, January 24th, 2007

Gazprom plans to borrow 10 billion dollars for Sakhalin-2 field

Russian natural gas monopoly Gazprom is looking to borrow 10 billion dollars to finance construction at Sakhalin-2, the country's largest energy development and from which it recently obtained a 50-per cent stake from Royal Dutch Shell, Interfax reported.
The loan would go towards buying assets from ruined oil major Yukos, according to the news agency's source, [...]

Wednesday, January 24th, 2007

Sakhalin Energy boosts involvement of Russian subcontractors

The total cost of contracts with Russian subcontractors in the Sakhalin-2 project has exceeded $7.6bn, the project operator Sakhalin Energy's press office reported, citing the company's Russian company participation development manager Olga Borodina.
A tender was completed recently and a new $8.7m deal is about to be signed with Aviadvigatel, one of Russia's largest aircraft and [...]

Wednesday, January 24th, 2007

Putin: Russia mineral resources underestimated

Russia's real possibilities from a perspective of mineral resources are underestimated, President Vladimir Putin said.
"There cannot be too much mineral resources, like money. But it is a fact that Russia is one of the richest counties in the world, and possibilities of our country are still underestimated. We are ready for cooperation with our partners. [...]

Wednesday, January 24th, 2007

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