Oil Fields | sell gas royalty
Moscow - The revocation of the permit for the Total oil field Charjaga in northern
Russia there is a "legal basis" said Nikolai Gudkov by the Ministry of Natural
Resources of the AFP news agency. Total "did not fulfill its obligations." A
company spokeswoman pointed out, however, Total abiding by the contractual
agreement. On Monday, the ministry had the Anglo-Dutch oil giant Shell revoked the
production license for the Sakhalin II oil and gas field.
Experts believe that the approach of Moscow a Russian attempt to get a bigger
share of the lucrative business of oil and gas. The Russian government efforts are
underway to change funding contracts with foreign companies from the 90s to draw
more profit from the natural resources of the country.
The high-level representatives of ministries Nikolai Fyodorov threw the oil
companies Total, Shell and Exxon in a newspaper interview that we draw on the
basis of unfair provisions profit from the contracts. Only from the oil business
of Shell Sakhalin II project,
Russia could have received annual scheduling of 300 million to 400 million tax
dollars, he said the "Rossiyskaya Gazeta". Instead, I get Russia "only 20 million
dollars in licensing fees."
To the Charjaga Total field there is controversy for years: The Russian government
raises Total before the completion of the project herauszuzögern unnecessary.
Total denies this. The Group holds a 50 percent stake in the development and
exploitation of Charjaga. 40 percent is held by the Norwegian energy company
Hydro, the remaining ten percent of the Yamal-Nenets authorities of the province
where Charjaga is. The contract for the development and exploitation as the I and
II closed for the Sakhalin projects in the 90s, when the Russian government were
weak and oil prices low.
On Sakhalin II and the Japanese company Mitsui addition Shell with 55 percent of
the shares (25 percent) and Mitsubishi involved (20 percent). They announced they
were considering the sale of shares in the state-owned Russian company Gazprom.
Mitsui could make three percent, Mitsubishi two percent, according to the Japanese
newspaper "Yomiuri Shimbun". Shell also negotiating with Gazprom, said Mikio
Sasaki Mitsubishi boss. Despite the withdrawal of licenses for Shell work on
Sakhalin II will provisionally continue.
Sakhalin II is equipped with a total investment of 20 billion dollars (15.6
billion euros), the world's largest private oil and gas project. At the same time,
it is the largest foreign investment projects in Russia. Near Sakhalin Island to
develop a production platform and gas liquefaction plant, from 2008 liquid gas to
be supplied to Japan and Korea from there for the first time.
A report by the "Financial Times", according to the Russian authorities to the
license of the British-Russian joint venture TNK-BP for the Siberian oil field
Kowitka in question. This would be created with violations of the company against
environmental regulations as well as to contractual agreements.
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