Sakhalin Shatters Last Illusions About Russia's Reliability

Daily MailOctober 16, 2006

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Summary


OVER the last few weeks the largest foreign investments in the Russian energy industry have come under attack as part of an ongoing Kremlin campaign to consolidate state ownership in the sector.

Despite having pumped billions of dollars into the Sakhalin oil and gas project, and despite full compliance with its legal obligations, Royal Dutch Shell has been threatened with revocation of its development licence.

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Extract


Sakhalin Shatters Last Illusions About Russia's Reliability

The 'siloviki' former intelligence and military strongmen who have muscled their way into President Putin's Kremlin and state-...

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