Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 02/14/2012

Sakhalin Projects to Undergo Checks

Reuters

An oil export terminal and liquefied natural gas plant on Sakhalin island.
Serguei Fomine / bloomberg

An oil export terminal and liquefied natural gas plant on Sakhalin island.

ExxonMobil's Sakhalin-1 project will be inspected for adherence to operational and environmental regulations, the country's industrial safety watchdog said Wednesday.

The Federal Service for Environmental, Technological and Atomic Inspection will also inspect the neighboring Sakhalin-2, an oil and gas project controlled by Gazprom, the agency said in a statement. Royal Dutch Shell is a minority partner in Sakhalin-2.

The checks, which will be conducted within the next two weeks, are part of the service's routine annual inspections plan, the statement said.

Shell was forced in 2006 to cede to Gazprom control of its biggest project in the country, the $22 billion Sakhalin-2 oil and gas project, amid threats by regulators to revoke permits on environmental grounds.

n Sakhalin-1, one of three production-sharing agreements in Russia, moved to profitability in June after paying back costs, Interfax reported Wednesday, citing a source close to the project.


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook

print


Comments

This article has no comments.

Be the first to leave a comment





Most Read