Thursday, December 07, 2006
Industry and Energy Ministry estimates Russia's proceeds from PSAs
RBC, 07.12.2006, Moscow 09:54:17.According to preliminary data, Russia's revenue from carrying out three projects on the basis of production sharing agreements (PSAs) (Sakhalin-1, Sakhalin-2, and the Kharyaginskoye oilfield) will amount to $250m in 2006, Olga Rybak, the deputy director of the Industry and Energy Ministry's department for investment and innovation policy said. According to her, PSA project operators have been requested to prepare additional data for conducting a more detailed study of their works planned for 2007.
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