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May 21, 2006

Shell consortium in new Sakhalin pipeline dispute

Nick Mathiason
Sunday May 21, 2006
The Observer

Sakhalin Energy, in which oil giant Shell has a controlling stake, is this weekend facing allegations that it is misleading potential funders of the world's second most expensive infrastructure project. The company is apparently claiming to comply with environmental standards despite evidence to the contrary.

A series of documents leaked to The Observer state that independent consultants monitoring the construction of a $20bn gas and oil project on Sakhalin island, off the east coast of Russia, highlight numerous breaches of environmental...

Full story...

Posted by rjorr at May 21, 2006 8:57 AM