Long-Haul Almost Over For Sakhalin

Anglo-Dutch oil major Royal Dutch Shell's CEO, Jeroen van der Veer, has reassured investors that the Sakhalin-II project off Russia's Eastern coast is progressing according to plan and will be ready for operations in 2008. Attributing the delays to an underestimation of the difficult operating conditions in the frontier location, van der Veer sees the project as 70%

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