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Sakhalin Project

The Times: Need to know September 1, 2008: Damaging claims against Shell

Times Online September 1, 2008

Need to know

Natural resources

Royal Dutch Shell, the Anglo-Dutch oil and gas group, faces damaging claims over its influence on a supposedly independent environmental audit to determine whether the $22 billlion (£12.1 billion) Sakhalin II energy scheme off the coast of Russia, the world’s biggest oil and gas project, would receive vital bank funding. Shell owns a 27.5 per cent stake in the Sakhalin project, with Russia’s Gazprom holding just over 50 per cent. (The Observer) read more

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