Shell to inject between $ 240 and 300 mm in Russian projects

Dec 09, 2000 01:00 AM

In 2001, Shell plans to inject between $ 240 mm and $ 300 mm in oil projects in Russia compared to $ 200 mm this year, stated Grant Bowie, a Shell representative in Russia. He added that in addition to this sum, the concern plans to spend $ 50 mm as operating expenses in Russia next year.
Bowie said that the funds will largely go to projects that are already in progress, such as the Sakhalin-II and Caspian Pipeline Consortium (CPC) projects.
Shell cited several other fields as its priority projects in Russia -- namely, the Salym chain of deposits in western Siberia and the Zapolyarnoye and Komsomolskoye deposits in the Yamal-Nenets autonomous area.

Source: Kommersant via NewsBase
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« May 2018 »
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31

Register to announce Your Event

View All Events