Saturday, October 10, 2009

Sakhalin Project 3

Environment Issues:-

One key concern from environmental groups is that the Sakahlin II project will harm the western gray whale population. The whales summer feeding grounds are close to the project's offshore platforms in the Sea of Okhotsk.
In 2006 IUCN set up the Western Gray Whale Advisory Panel. Its members are marine scientists who give independent advice to Sakhalin Energy about managing any potential risks to the western gray whales. The Russian Academy of Sciences has identified an increasing population of western gray whales in the Sea of Okhotsk during a photo identification research programme.The Far Eastern Regional Hydrometeorological Research Institute (FERHRI) are involved in regular monitoring of the western gray whales near the oil and gas developments on the Sakhalin Shelf.
Other concerns are that the project will threaten the livelihood of tens of thousands of fishermen, destroy the key salmon fishing area off the island by dumping one million tons of dredging spoil waste into the sea, and imply a long-time threat of a large oil spill in the Sea of Okhotsk and Sea of Japan Dredging of Aniva Bay was completed in 2005. In 2005 the salmon harvest was recorded as an all-time high of more than 134,000 tonnes. In 2007 this record was overturned with a salmon catch of 144,181 tonnes.. Environmental monitoring reports are publicly available.
Sakhalin Energy paid compensation of $US110,000 to the Russian Federation to cover potential fish impacts from the Sakhalin II project. This compensation was paid regardless of whether any impact was recorded on the fishing industry or not. Part of these funds was used to set up thriving salmon hatcheries on Sakhalin Island.
Here by i am also adding a Blog written by Mr. Eric Watkins

Can Russia reliably supply Japan with LNG?Tokyo Electric Power Co and Tokyo Gas Co this week said they expect to receive their first shipment of LNG from Russia's Sakhalin-2 project on April 6.They said that Tokyo Gas’s LNG carrier Energy Frontier, which loaded about 67,000 metric tons of LNG at Sakhalin-2, sailed from the Prigorodnoye liquefaction plant and is bound for their shared import terminal at Sodegaura.Tepco and Tokyo Gas are the first buyers to receive LNG from the Sakhalin-2 project, and the cargo aboard the Energy Frontier is to be divided equally by both companies for use as a fuel for city gas and power generation.Sakhalin-2, the first LNG development project in Russia, produces 9.6 million tons per year of LNG, supplying about 6 million tons per year to Japan to be used by four electric power companies and five gas companies.Altogether, Tepco will purchase 2 million tons per year and Tokyo Gas, 1.6 million tons per year on an FOB basis. Looking ahead, though, how reliable will Russia be as a supplier?As we all know, Japan has been looking to diversify its supplies of LNG away from Indonesia, which has proven to be unreliable regarding supply, price, and regularity.Will Japan’s move to Russia amount to an improvement over Indonesia as a supplier or will it face similar problems there, too?

I want ur comments on this topic.

2 comments:

  1. Japan which is world's largest consumer of LNG in recent times is facing some problems with Indonesia regading LNG supply. Pertamina which is in upstream part in domentic gas industry in indonesia has a clear cut monopoly and is sole supplier to gas there. In recent times the demand for gas in indonesia has increased as government is pressurizing plants to replace diesel to natural gas as a fuel to produce electricity. also a huge subsidy is given to fertilizer sector so that cheap fertilizers can be provided to poor farmers. this might be the reasons of slack in supply by Indonesia. japan move towards russian to get LNG is a good step as more and more diversification will reduce the dependency of japan towards any country to acquire LNG. I think japan will face no such problem with russia as russia has huge reserves of gas (the largest reserves in the world) and the supply of gas will not be that much affected and hence Japan can see in Russia a trustworthy partner.

    ReplyDelete
  2. If you had financial problems, then it is time for you to smile. You only need to contact Mr. Benjamin  with the amount you wish to borrow at the low rate of 2% ROI and the payment period that suits you and you will have your loan  within three working days. I just benefited for the sixth time from a loan of 700 thousand dollars for a period of 180 months with the possibility of paying before the expiration date. Mr Benjamin has been helping me with the loan.Make contact with him and you will see that he is a very honest man with a good heart.His email is  247officedept@gmail.com   and his WhatApp phone number is + 1-989-394-3740 .

    ReplyDelete