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Bloomberg: Sullenger of Gaia Says Sakhalin Pact `Great News for Gazprom’

Dec. 22 (Bloomberg) — Coast Sullenger, a fund manager at Gaia Resources, talks with Bloomberg’s Jeremy Naylor and Guy Collins from Geneva about Royal Dutch Shell Plc’s decision to sell 50 percent plus one share in its Sakhalin-2 oil and gas project to OAO Gazprom for $7.45 billion. They also talk about the risks of investing in Russia and emerging markets. Shell, Mitsui Co. and Mitsubishi Corp. will each sell half of their stakes in the Sakhalin-2 project to Gazprom. (Source: Bloomberg)

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