Shell offers Russia's Gazprom proposals for entering Sakhalin field

0 Comments | AFP, December, 2006

MOSCOW (AFP) — British-Dutch Shell has made new proposals for Russia's Gazprom to enter the massive Sakhalin-2 energy project it heads, Gazprom has said. This followed months of pressure from environmental regulators which analysts said was aimed at giving Gazprom control. "On December 8, a meeting took place between Gazprom chairman Alexei Miller and Shell chief executive officer Jeroen van der Veer.

At the meeting Mr Van der Veer made Gazprom a number of proposals concerning the Sakhalin-2 project," Sergei Kuprianov, a spokesman for the state gas monopoly, said in a statement Monday. "At the present time these proposals are being analyzed. A decision will be taken in view of the existing problems at the Sakhalin-2 project, including ecological," Kuprianov said. He declined...