Russia
Russia completing talks on gas supplies to Ukraine, Baltics
"We are in the concluding stage of talks with our partners," Dmitry Medvedev, who is also board chairman of the Russian energy giant Gazprom, said at a news briefing at RIA Novosti.
"So far, the talks have been proceeding without any surprises, and I hope we will not have any problems on New Year's eve, like in the past," he said.
Medvedev also said Russia will not export natural gas from the Sakhalin-1 project until demand in East Siberia and Russia's Far East has been fully satisfied.
Sakhalin-1 project is run under a 1996 production sharing agreement. Exxon Neftegas Limited holds a 30% stake in the Sakhalin-1 production sharing agreement. The other shareholders are state-owned Russian oil company Rosneft (20%), India's ONGC (20%) and Japan's Sodeco (30%).
"As long as we ensure gasification of our regions [Siberia and Far East], we will start exporting excess of natural gas," Medvedev said. "It is quite reasonable."

Add to blog
You may place this material on your blog by copying the link.
Publication code:
Preview:

Send by e-mail
Leave a comment
Most read
Top multimedia

Image Galleries: The Igor Moiseyev Ensemble: Keepers of the Dance

Video: Rudolph Abel’s liberation. Interview with KGB Gen. Yuri Drozdov

Infographics: Password generator

Cartoons: Nothing to Catch Here








