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Vol. 10, No. 29 Week of July 17, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Shell, Gazprom trade for Sakhalin share

Russian company gets share of huge LNG operation, while Shell acquires half of Siberian Zapolyarnoye deposit

Allen Baker

Petroleum News Contributing Writer

Shell has signed a deal with Gazprom giving the Russian firm a quarter of the Shell-led Sakhalin 2 project. Shell will take a 50 percent share in the Zapolyarnoye Neocomium field in Siberia in return. The long-expected move gives Gazprom leader Alexey Miller an entry to learn the nuts and bolts of....

    [additional news subjects in this story]

Strategic partnership

Gain for Shell reserves

Sakhalin consolidation


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