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Archive for February 15th, 2008

A Foreign Investor for Sakhalin 3

The Indian company ONGC is joining Gazprom and Rosneft as a contender for the Sakhalin 3 project. Director of the Ministry of Industry and Energy department of state energy policy Sergey Mikhailov said at the Russian-Indian business forum in New Delhi yesterday that a decision would be made soon on the sale of a [...]

Friday, February 15th, 2008

British Petroleum to seal office in Sakhalin

Oil giant British Petroleum intends to shut down its representative office in Yuzhno-Sakhalinsk at the end of April, the head of BP Sakhalin's office Ray Yakubchak announced at a meeting with the speaker of the Sakhalin Duma, Vladimir Yefremov.
“It is a sad event,” said Yakubchak referring to the office’s shut down, a statement from [...]

Friday, February 15th, 2008

Exxon still talking to Chinese on Sakhalin gas

Exxon Mobil Corp is still in talks with China to sell natural gas from its Sakhalin-1 project in Russia, despite moves by Russian gas export monopoly Gazprom to block these plans, Exxon Senior Vice President Mark Albers said on Tuesday.
"We are in continuing dialogue with the Chinese to try to conclude that with a [...]

Friday, February 15th, 2008

Rosneft, Gazprom may agree joint development of Sakhalin-3

Rosneft president Sergei Bogdanchikov believes joint development of Sakhalin-3 resources with Gazprom is a possibility.
'In the Far East alone Rosneft has 2,600 km of various pipelines,' Bogdanchikov told Interfax on the sidelines of an economic forum in Krasnoyarsk. 'Not all of them are new, but some could be used in a future project. Gazprom already [...]

Friday, February 15th, 2008

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