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The latest controversy raises the question when will Gazprom receive a stake in Sakhalin II and how much will it pay?

Russia’s new opposition to the Sakhalin II liquefied natural gas project on environmental grounds has dimmed the view of foreign investors and coincided with some irony with the first large oil and gas conference to be held on the Russian Far East island.

Russia turned up the pressure on major foreign-led energy projects valued at around $60 billion by ordering a full environmental investigation of Royal Dutch Shell's Sakhalin II venture.
Published in Oct 2006
Tuesday, 28 November 2006 13:09

News Index March 2006

A round-up of latest events, company statements, industry reports and people in the news.
Published in March 06
Wednesday, 08 November 2006 16:40

Egyptian LNG sets new standard

LNG Journal Middle East Editor

Egyptian LNG turned a natural gas find into a commercial LNG venture in record time as it set an industry benchmark by delivering the first cargo from Egypt just six years after the first gas field discovery.

ELNG is a partnership between the Egyptian Natural Gas Holding Co., the Egyptian General Petroleum Co, BG Group of the UK, Petronas of Malaysia and Gaz de France.

The natural gas liquefaction and export project is located at Idku, in the Nile Delta, 50 kilometres east of the city of Alexandria.

In May 1995, the Egyptian General Petroleum Corp. signed a concession agreement with affiliates of BG and Edison SpA of Italy, giving the two foreign partners the right to explore for hydrocarbons in the Mediterranean deep water, north east of Alexandria.
Published in April 2006
Tuesday, 07 November 2006 17:15

News Index May

A round-up of latest events, company statements, industry reports and people in the news
Published in May 2006
Tuesday, 07 November 2006 10:14

News Index

A round-up of latest events, company statements, industry reports and people in the news
Published in Jul / Aug 2006