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 RUSSIA IN FACTS
10 June 2004 09:38
Russian Far East region, Sakhalin-1 operator clinch gas deal
Khabarovsk, 10 June: Khabarovsk Territory governor Viktor Ishayev and the president of Exxon Neftegaz Limited, Steve Terni, have signed a memorandum of intent here on supplies of natural gas products within the framework of the Sakhalin-1 project to Khabarovsk Territory, the press service of Khabarovsk Territory government has told RIA. This is the first document on sales of Sakhalin gas to Russian consumers, Terni said in a briefing. In the first stage, the gas will come to Khabarovsk Territory, and after creating the necessary infrastructure - to other regions of the Russian Far East. Natural gas supplies will start next summer. By 2009 the annual volume of supplies will reach 3bn cubic meters, Terni said. In his turn, Ishayev said that the arrival of Sakhalin gas will strengthen the energy stability of Khabarovsk Territory and the Far East, and reduce cost of electric and thermal energy to consumers. As of today, 150 km of a gas pipeline from the Tatar Strait into the Khabarovsk Territory mainland has been constructed. It will reach Khabarovsk in 2006. By then two Khabarovsk power plants will be ready to transfer to gaseous fuel.
[RIA news agency]
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