Royal Dutch Shell Plc  .com Rotating Header Image

Rigzone: Japan Stays Optimistic Over Sakahlin-2 Project

By Kyodo News Service
BBC Monitoring Asia Pacific           
Monday, September 11, 2006 

An international oil and gas development off Russia’s Sakhalin island, involving Japanese companies, will move ahead despite the Russian environmental regulator’s lawsuit to revoke government approval, a senior trade ministry official said Monday [September 11th].

“There can be many problems in the process of construction,” Takao Kitabata, vice-minister of economy, trade and industry, said at a press conference. The project will “move towards realization in the long run.”

Kitabata was referring to a lawsuit filed by the Russian Federal Service for the Supervision of Natural Resources in Moscow last week, calling for the government to withdraw its approval of the Sakhalin-2 project on the grounds that the exploration program could harm the environment.

The project is promoted by Sakhalin Energy Investment Co., a joint venture set up by Royal Dutch/Shell Group, Japanese trading houses Mitsui and Co. and Mitsubishi Corp. and other concerns.

The project will be “an important supply source of energy for Japan,” Kitabata said.

(C) 2006 BBC Monitoring Asia Pacific.

 

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.