10. Sakhalin Energy Project
Eurasian Daily Monitor ("SAKHALIN ENERGY PROJECTS FACE REALITY CHECK", 2005-07-27) reported that as the Shell-led Sakhalin-2 liquefied natural gas (LNG) project in the Russian Far East faces cost overruns and delays, now Russian Sakhalin ventures appear to be facing a reality check, cooling Moscow's ambitious plans to tap lucrative energy markets in the Asia-Pacific. Although the official statement was short on specific details, there was a major reason for concerns relative to the Sakhalin-2: the project's cost estimates have doubled to $20 billion.
http://www.nautilus.org/aesnet/2005/AUG0305/EDM_Sakhalin.pdf
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