http://www.bicusa.org/en/Project.44.aspx The latest news on the Sakhalin II (Phase 1 and 2) from the Bank Information Center 10 http://www.infodev.org/images/infodev.gif http://www.bicusa.org/en/Project.44.aspx On June 16, 2008, the Japan Bank for International Cooperation (JBIC) agreed to loan up to $3.7 billion for the controversial oil and gas project in Russia. http://www.bicusa.org/en/Article.3846.aspx Mon, 14 Jul 2008 00:00:00 GMT http://www.bicusa.org/en/Article.3846.aspx The European Bank for Reconstruction and Development (EBRD) has decided not to fund the largest oil and gas project in the world, Sakhalin II, on Russia’s Far Eastern island after several years of consultations. http://www.bicusa.org/en/Article.3091.aspx Tue, 16 Jan 2007 15:58:07 GMT http://www.bicusa.org/en/Article.3091.aspx After months of strained negotiations, it appears that Shell and its partners have given Gazprom, the Russian-state owned gas monopoly, 50 percent plus one control of the controversial oil and gas project. http://www.bicusa.org/en/Article.3046.aspx Tue, 12 Dec 2006 00:00:00 GMT http://www.bicusa.org/en/Article.3046.aspx The Sakhalin II project has come under fierce scrutiny by the Russian authorities in recent days, and may be suspended in certain sections due to allegations of illegal deforestation, the dumping of toxic waste, and soil erosion. http://www.bicusa.org/en/Article.2994.aspx Fri, 27 Oct 2006 00:00:00 GMT http://www.bicusa.org/en/Article.2994.aspx