Russia on LNG: "We'll make our own, Yanks."
Adjust font size:
Manufacturing News, Source : The Manufacturer US
Published : 12 Oct 2006 22:30
Gazprom, the Russian natural gas monopoly, has rejected the bids of five western oil companies, including Chevron and Konoko. Gazprom will develop its Shtokman natural gas field without outside help.
In late September, Gazprom also announced it would direct LNG slated for the US to neighboring Europe instead.
This is a retaliation against the US for, among other political slights -
* US sanctions against a Russian arms export agency;
* Similar sanctions against Russian aircraft maker Sukhoi.
Both organizations are believed to have supplied Iran - hence the US's refusal to support Russia's entry into the World Trade Organization.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...