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Sakhalin-II Partners May Seek New Deal.

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| November 06, 2006 | COPYRIGHT 2006 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Shell and its partners in the $22 bn Sakhalin-II oil and gas venture may seek to agree with Russia on a new accord, clearing the way for Gazprom to take a stake in the project. Shell plans to offer to sign a supplementary deal to the existing PSA under which it operates Sakhalin-II, the Audit Chamber said on its website, citing British Ambassador Anthony Brenton. Audit Chamber head Sergei Stepashin discussed Sakhalin-II with Brenton on Oct. 30, the chamber said. The British Embassy declined to confirm or deny that any such proposals were being ...

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