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Energy Security

Moscow reassures Shell over Sakhalin

By Arkady Ostrovsky in Moscow

Published: September 26 2006 01:38 | Last updated: September 26 2006 01:38

Russia had no intention of removing an operating licence from Royal Dutch Shell for Sakhalin 2, the world’s largest energy project, its minister of natural resources said yesterday.

Yuri Trutnev confirmed his ministry was planning to conduct a fresh investigation of Shell’s compliance with environmental regulations, but had no power over the project’s economic aspects.

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