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The Times: Need to Know: June 24, 2004 Shell, Gazprom, Sakhalin-2

The Times: Need to Know

June 24, 2004

Royal Dutch/Shell, the Anglo-Dutch oil major, is in talks with Gazprom over the Russian gas company joining the Sakhalin-2 oil and gas project. Separately, the oil group has come under attack from environmentalists who claim it has failed to live up to promises on social responsibility.

A Moscow court has lifted an injunction against the seizure of assets at Yukos, the oil group, to pay a $3.4 billion (£1.9 billion) back taxes claim, according to news agencies.

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