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Safehaven.com: Energy Insights by Meridian

December 18, 2006 
 
Score 1 for Putin and 0 for Royal Dutch Shell. Russian hegemony this week took another step forward when Shell conceded 30% of its stake in the giant Sakhalin Island gas play in eastern Russia. Two smaller Japanese players each with a 10% interest threw in the towel completely.

At Energy Central we are watching the bold moves of former KGB leader Vladimir Putin as he moves Russia forward and we are keeping our readers up to date. What we see is Russia making its footprint on the world as an emerging and powerful energy player. This can surely mean only one thing and that is higher energy prices going forward.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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