Gazprom bought control of the $22 billion Sakhalin-2 project after a prolonged crisis that forced Royal Dutch Shell (RDSa.L), the project’s former leader, and its partners to reduce their holdings. Analysts had expected the battle would lead to delays. Shell is now a minority shareholder, along with Japan’s Mitsubishi (8058.T) and Mitsui (8031.T).
Posts Tagged ‘Sakhalin Energy’
Sakhalin Energy terminates offshore support rig contract
Sakhalin Energy Investment Company Ltd has convenience terminated the remaining contract duration for the use of the Safe Astoria accommodation support rig offshore Sakhalin Island in the Russian Federation. Sakhalin Energy had originally contracted the Safe Astoria for a period of around two years from December 2007.
Shell Criticized for Manipulating Environmental Audit Report
Dozens of e-mails secured through the Freedom of Information Act show how Shell officials in London attempted to downplay and edit environmental criticism of the $22 billion Sakhalin II energy scheme.
Gazprom, Shell May Delay Exports of Russias First LNG Cargo
Japanese utilities may face a delay in receiving the first liquefied-natural gas cargoes from an OAO Gazprom-led project in Russia, an official said.
Hundreds of birds die in oil spill into Aniva Bay from the Sakhalin II plant
The oil spill is believed to have occurred on Sunday after a tanker left the liquefied natural gas plant which is still under construction. The plant is owned by Sakhalin Energy which is the operator and investor for the $20 billion Sakhalin II project.
Sakhalin Energy CEO to keep post in 2009 – Gazprom
A contract with the chief executive of Sakhalin Energy, the operator of the Sakhalin II oil and gas project off Russia’s Pacific Coast, has been extended for 2009, a Gazprom executive said Thursday.
Sakhalin II operator begins oil exports via new terminal
YUZHNO-SAKHALINSK, December 12 (RIA Novosti) – Sakhalin Energy launched year-round oil export deliveries on Friday via a new oil terminal as part of the Sakhalin II oil and gas project off Russia’s Pacific Coast, the company said in a statement.
Construction of 800 kilometer pipeline completed on Sakhalin
Itar Tass reported that the construction of an 800 kilometer oil and gas pipeline by the Sakhalin Energy Company has been completed.
Sakhalin Energy says pipeline from Sea of Okhotsk completed
Published: Nov. 7, 2008 at 3:06 PM PRIGORODNOYE, Russia, Nov. 7 (UPI) — A 496-mile Russian oil and gas pipeline from the Sea of Okhotsk to Prigorodnoye is on line and has begun operations, an energy company official said. Marina Makarova, manager in charge of the pipeline at Sakhalin Energy Co., said the pipeline, which [...]
Sakhalin II Corruption Allegations first reported on RoyalDutchShellPlc.com published in House of Commons Report
Corruption Allegations Allegations have been made by a whistleblower of inappropriate relationships between SEIC management and its contractors, in particular Starstroi and its subcontractor SU4. (22)
Sakhalin Energy’s Pipeline
Friday, November 07, 2008 Updated at 07 November 2008 0:11 Moscow Time. Gazprom’s Sakhalin Energy venture began filling an oil pipeline from Sakhalin-2 that may allow it to start year-round crude production this year. Sakhalin Energy expects the first tanker loading at the port of Prigorodnoye by the end of 2008, said Marina Makarova, the firm’s [...]
Russia to Become Key Player in World LNG Over Next 10 Years
On Oct. 16, 2007 on Shell Safety Day, the new prestigious annual Shell Chief Executives HSE Award was presented to the Sakhalin Energy LNG/OET Project Team.
Sakhalin Whales Panel Faults Gas Venture
LONDON -(Dow Jones)- A scientific panel report released Friday revealed ongoing concerns that the Sakhalin-II oil and gas joint venture hasn’t complied with all of recommendations on the protection of the endangered Western Gray Whale.
Russian plans for Sakhalin-2 gas a complete surprise for Shell
Gazprom Deputy CEO Alexander Ananenkov noted that Sakhalin-3s gas could be not enough to satisfy the regions needs, in which case gas from Sakhalin-2 could go to the Sakhalin-Khabarovsk-Vladivostok pipeline instead of being exported. This proposal was a complete surprise for Maxim Shub, who represents Shell in Russia.
Japan banks set to extend loans to Sakhalin-2 project
TOKYO, June 3 (Reuters) – The state-run Japan Bank for International Cooperation and four private banks are in final talks to co-finance loans to back the Sakhalin-2 liquefied natural gas project, the JBIC said on Tuesday.


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