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Russia's Gazprom Inches Closer to Deal in Sakhalin-2 Project.

Publication: The Oil Daily
Publication Date: 12-OCT-04
Format: Online - approximately 576 words
Delivery: Immediate Online Access
Full Article Title: Russia's Gazprom Inches Closer to Deal in Sakhalin-2 Project.(Gazprom Russian Joint Stock Co.)

Article Excerpt
Russian gas giant Gazprom looks set to join the Royal Dutch/Shell-led Sakhalin-2 development on the Russian Pacific Shelf.

John Barry, Shell's president and country chairman in Russia, said in an interview with the Financial Times that there have been "intense discussions" with Gazprom in recent months and an agreement could be reached by the end of the year.

Barry emphasized that Gazprom would join on commercial terms -- a condition that Shell has always insisted on since early 2002 when the supermajor approached Gazprom with...

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