Russia accuses Total of environmental violations on Kharyaga field |
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Mon, 22 Jan 2007 19:11
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MOSCOA (AFX) - Russian authorities have accused Total of violating the country's environmental regulations in its exploitation of the Kharyaga field in the north of the country, news agency Interfax reported citing the head of Russia's audit court.'There are important ecological violations in the activity of the Total company,' the head of the court Sergey Stepashin said,He also said the French firm had not respected the deadlines it had agreed to and that the oil it was pumping from the Kharyaga field had not reached the expected amount.'This has cut into the revenues of the budget of the Russian Federation on different levels,' Stepashin said, adding that the deal Total signed for the Kharyaga field was 'disadvantageous' for Russia.The Kharyaga field currently produces around 20,000 barrels per day and has been the object of bitter dispute for years, with the Russian government accusing Total of excessive delays in completing the project.Total controls 50 pct of the field, Norway's Norsk Hydro 40 pct and local authorities 10 pct.newsdesk@afxnews.comafp/jfrCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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