Russ Oil-Gas

28/12/2006 - RZD News - Gazprom will pay Shell and two Japanese companies $7.45 billion in cash by April for half of the Sakhalin-2 oil and gas project off Russia's east coast, deputy CEO Alexander Medvedev said Wednesday. The payments will be made by the end of the first quarter of 2007, Medvedev told a conference call with investors, reports The Moscow Times referring to Bloomberg.