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The Moscow Times: Sakhalin-2 Delays Drilling First Gas Well

Thursday, October 25, 2007. Issue 3772. Page 7.
Bloomberg

Gazprom’s Sakhalin-2 project with Shell has delayed drilling the country’s first offshore gas well until next year as the venture completes construction of overland oil and gas pipelines.

Project operator Sakhalin Energy plans to drill as many as five gas production wells from the Lunskoye-A platform next year, spokeswoman Yevgenia Oleinikova said by telephone Wednesday from Yuzhno-Sakhalinsk.

The venture last month delayed winter crude oil exports “closer to the start of the second quarter” of 2008 while onshore oil and gas pipelines to ice-free export terminals in the south are completed.

“We’re working based on our target of starting exports of liquefied natural gas in the second half of next year,” Moscow-based spokesman Ivan Chernyakhovsky said. The officials did not comment on the drilling delay.

Sakhalin Energy said in July it planned to start its first production well this year.

http://www.themoscowtimes.com/stories/2007/10/25/048.html

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