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MarketWatch: Shell awaits Sakhalin audit results

Last Update: 6:31 PM ET Aug 20, 2006

LONDON (MarketWatch) — Russia’s Resources Ministry is set to complete an audit of Royal Dutch Shell’s (RDSB) $20 billion gas project on Sahkalin Island next week, The Business reports Sunday.

The findings are expected to increase pressure on Shell, which doubled the projected costs of the liquefied natural gas project last year.

Earlier this month, the ministry’s environmental monitoring arm threatened to take Shell to court, claiming the pipeline would create safety risks.

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