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Reuters: EXCLUSIVE-Russian agency threatens to take Shell to court: Oleg Mitvol threatens to scrap Sakhalin-2 production sharing deal

10 Nov 2006 14:45:05 GMT

Source: Reuters

MOSCOW, Nov 10 (Reuters) – Russia may claims billions of dollars in damages from Royal Dutch Shell in an international court or even scrap its Sakhalin-2 $22 billion production sharing deal, a Russian official said on Friday.

Oleg Mitvol, deputy head of environmental agency RosPrirodNadzor, said his agency had received a plan from Shell on how the company planned to rectify ecological damages, but considered that it was “not serious”.

“We are talking to lawyers and determining our position to file for damages according to international law. The place would be Stockholm and it would be the law of New York,” Mitvol told Reuters.

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