Dear Mr Van der Veer
Can I please press you to clear up the confusion over the projected cost of the Sakhalin II project? My father, Alfred Donovan, raised this vitally important issue in his email to you yesterday (Email to Jeroen van der Veer: Resolving the Sakhalin II impasse).
It is imperative because the current crisis has come about as a result of the doubling of costs from $10 billion to £20 billion. The Putin government is understandably concerned that the date when revenues are going to start flowing to Russian state coffers from the Sakhalin II PSA will now be delayed by many years.