The 2004 expense budget of the Sakhalin-2 project will amount to $2.5bn, sources in Sakhalin Energy, the project's operator, reported to RBC. The budget was approved at a meeting of the project's supervisory board yesterday.
Last year, the project received $1.7bn in investments. Sakhalin-2 envisages developing oil and gas fields on the shelf of Sakhalin Island. The aggregate mineral resources of the fields total 600m tons of oil and 700bn cubic meters of natural gas. The total volume of investments is estimated at $11.5bn.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War