News // Oil and gas worldwide
Japan Called On Russia Keep On Gas Delivery Shedule
12 December 2006 , 11:23674
Japan has called on Russia to prove its "credibility" by keeping on schedule deliveries of gas from the Sakhalin-2 project amid reports that Moscow had secured control of it.
Japanese firms, which hold 45 percent of the project, said they would follow the lead of consortium leader Shell on whether to give up their majority stake.
Japan, which has few natural resources of its own, is the primary market for gas from Sakhalin-2, which was slated to start delivering gas as early as 2008.
Russia in September halted all work on the 20 billion-dollar project because of environmental concerns but some foreign investors accused Moscow of muscling in to reassert control over its energy resources.
16:01 04.02.2019Russia has 2nd-lowest gas price in Europe
18:00 27.04.2017Belarus-Russia oil and gas agreements honored in full
10:01 23.05.2014Offshore Marintec Russia - a new platform for demonstration of modern technical solutions at all stages of development of the shelf.
08:45 23.11.2010Operating cost of Sakhalin-1 oil, gas project to be approved soon
22:53 18.11.2010China and Russia still far apart on gas prices