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Tuesday, February 01, 2005

Sakhalin Energy may deliver gas to Korea

RBC, 01.02.2005, Moscow 19:01:11.At a meeting on February 3, 2005, Sakhalin-2 project's supervisory board is planning to consider the terms of an agreement with the Korean gas corporation Kogas on liquefied gas supplies to Korea. According to head of the Russian Federal Energy Agency Sergey Oganesian, Kogas held a tender and the Sakhalin Energy consortium and five foreign companies were chosen as candidates for concluding the agreement with. If the supervisory board approves the agreement's terms, Sakhalin Energy will confirm its intent to conclude a long-term contract on supplying liquefied gas to Korea.

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