Royal Dutch Shell Plc  .com Rotating Header Image

Bloomberg: Sibir Says Output at Shell Venture Reaches 80,000 Barrels a Day

By Greg Walters

July 2 (Bloomberg) — Sibir Energy Plc, Russian billionaire Shalva Tchigirinsky’s oil company, said crude production at its Siberian joint venture with Royal Dutch Shell Plc reached 80,000 barrels a day.

Sibir’s total output, including its half of Salym, now stands at 48,000 barrels a day and will “shortly pass the 50,000 barrels-a-day milestone,” Chief Executive Officer said Henry Cameron said in a statement distributed by the Regulatory News Service today.

Sibir is in talks to combine its assets with some held by OAO Gazprom, Russia’s natural gas export monopoly, the Sunday Times reported, citing Tchigirinsky.

To contact the reporter on this story: Greg Walters in Moscow [email protected]

Last Updated: July 2, 2007 02:43 EDT

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.

0 Comments on “Bloomberg: Sibir Says Output at Shell Venture Reaches 80,000 Barrels a Day”

Leave a Comment

%d bloggers like this: