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1. But the holdup will not affect Shell‘s reserves or production plans, Brinded said in a conference call.
2. "There is room on the site definitely for a third and potentially a fourth train," Brinded said.
3. "The corporate restructuring is vital for making our business more straight forward, more accountable," Shell‘s Exploration and Production boss, Malcolm Brinded, told the shareholders meeting in London.
4. "Unfortunately, it is now clear that the Sakhalin project‘s budget and schedule were significantly underestimated," said Malcolm Brinded, director of exploration and production.
5. Brinded said most of the LNG contracts had a "ramp–up schedule" starting in the second quarter of 2008, with volumes on a "best–endeavor basis" until then, reaching a peak in 200'. Related Articles Gazprom Gains Foothold in Shell‘s Sakhalin–2 Gas Field (Jul. 08, 2005) Shell Close to Gazprom Deal (Jul. 07, 2005) Gazprom Eyes a Share in Sakhalin Oil Fields (Jun. 14, 2005)