19 September 2006 / 17h24
MOSCOW -(Dow Jones)- Russia’s Natural Resources Ministry has approved the cancelation of a key environmental permit for the Sakhalin-2 oil and gas project, Oleg Mitvol, the deputy head of Russian’s environmental watchdog, Rosprirodnadzor said Tuesday.
The move confirms a decision first aired Monday and will likely delay work on the second stage of the Royal Dutch Shell PLC (RDSB.LN)-led project.
Ministry Web site: http://www.mnr.gov.ru
-By Greg Walters, Dow Jones Newswires; +7 495 974 80 55; [email protected]