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Page added on September 23, 2006

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U.S. doubts Moscow on energy

The State Department yesterday sharply criticized a recent move by the Russian government to curb a major Western oil-and-gas-investment project in Siberia, saying it put in doubt Moscow’s willingness to honor major energy deals with foreign investors.

Spokesman Tom Casey said the Bush administration was “very concerned” by a Russian government move earlier this week to revoke the environmental permits for a $20 billion liquefied natural gas project being developed by the Royal Dutch Shell Group and two Japanese investment houses on Sakhalin Island.
Washington Times



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