Russian chief auditor comments on Sakhalin energy project.

(From BBC Monitoring International Reports)

Text of report by Russian RBK TV on 2 November, from the "Intrigue of the Day" programme

[Presenter] The Audit Chamber was the first to report that the Sakhalin-2 project was unprofitable for Russia. A report it published in February 2005 noted that there was unjustified overpricing. The damage to the Russian budget was estimated at a minimum of 2.5bn dollars. The Audit Chamber did not consider environmental problems then. Not Sakhalin Energy, but rather Russian officials were held responsible for that. It was the officials who, as part of the Sakhalin-2 supervisory board, had approved its budget and solved all …