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Ros Business Consulting: Gazprom announces Sakhalin-2 investment plans

RBC, 26.06.2007, Moscow 12:52:07.Gazprom plans to invest $1.6bn in the Sakhalin-2 project, Alexander Medvedev, Deputy Chairman of the Russian energy holding’s management committee, told journalists today. He added that all participants of the project would invest a total of $3.3bn. Medvedev also said that some $13bn have already been invested in the Sakhalin-2, of which $3.5bn Gazprom allocated $3.5bn.

Medvedev pointed out that the cost of eliminating environmental violations at Sakhalin-2 was included in the price of Gazprom’s stake in the project.

http://www.rbcnews.com/free/20070626125207.shtml

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