Energy Blast, Feb. 18, 2008
Rosneft, Russia’s largest oil producer, has announced plans to build several gas-fired power plants across the country before 2020 as part of an effort to recycle the country’s waste gas and protect the environment. An arm of Rosneft has filed a legal claim against power producer TGK-11, threatening to split the company. Rosneft President Sergei Bogdanchikov expects BP will retain its participation in the Sakhalin-4 and Sakhalin-5 projects, and believes joint development of Sakhalin-3 resources with Gazprom is a possibility. The new head of Transneft, the company managing the construction of an oil pipeline from East Siberia to the Pacific Ocean, is opposed to speeding up the project.