Excerpt from the current issue of Russian Petroleum Investor by Inna Gaiduk and Elena Kirillova
Before his visit to Japan, Russian Prime Minister Vladimir Putin visited the Primorye territory. At a meeting with the governor Sergey Darkin, he announced the signing of a government decree providing that the share received by Russia from the production sharing agreements (PSAs) for the Sakhalin 1 and Sakhalin 2 projects should be received in the form of natural gas. That gas, he said, would supply Primorye, particularly Vladivostok. To make this arrangement effective, local and regional authorities must make the necessary decisions regarding low-pressure gas networks to ensure their smooth operation.
Earlier, deputy prime minister Igor Sechin reported that at its April 11 meeting the government considered the realization of gas projects in the Far East. In particular, discussion involved the idea of granting to Gazprom the right to be the authorized organization for royalties and shares in the Sakhalin-1 and Sakhalin-2 projects.
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Monday, July 13, 2009
State Share in the Form of Natural Gas
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1 comment:
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