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Ros Business Consulting: Investment in Sakhalin-2 likely to increase

RBC, 28.03.2006, Yuzhno-Sakhalinsk.
At a meeting in Yuzhno-Sakhalinsk on April 5, 2006, the Sakhalin-2 Supervisory Board plans to consider the increase in investment in the project from $11.5bn to $20bn, the Sakhalin regional administration reported.
This meeting is also intended to approve the project's estimated expenditure for 2006 and discuss liquefied natural gas sales contracts, among other things.
Today Governor of Sakhalin Ivan Malakhov, Managing Director of Shell Russia Malcolm Brinded, and the management of the Sakhalin Energy consortium exchanged views on the project's progress and the issue of boosting investment.

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