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Shell may be allowed into Sakhalin III project

8.12.2008

Royal Dutch Shell is set to maintain cooperation with Gazprom under the existent agreement on resources development in Sakhalin. 
      
Royal Dutch Shell eyes participation in different projects in Sakhalin, Sakhalin III in particular. The company sees the projects as joint ventures with Russia’s holding the control stakes (51% and more). As for other Russian regions, the company is interested in the Yamal Peninsula. 
      
The Russian authorities claim they are prepared to enhance cooperation with Royal Dutch Shell. 
      
      source:
      www.rosfincom.com

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