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Sakhalin II: Six banks face serious decision

now that the Russian government has revoked the environmental permits
2006-09-15 | London, United Kingdom
By: Pacific Environment
Contact:

Mika Minio Paluello: mika@platformlondon.org

2006-09-15 | London, United Kingdom
By: Pacific Environment
Contact:

Mika Minio Paluello: mika@platformlondon.org

While the Russian government has deemed Shell’s controversial Sakhalin II project non-compliant with environmental plans and revoked environmental approval, six private banks continue to bid to arrange financing.

BankTrack has written to the Royal Bank of Scotland, ABN AMRO, BNP Paribas, Mizuho, SMBC and BoT-Mitsubishi, to call on them not to finance Sakhalin II due to the impacts on whale and marine biodiversity, geologic hazards, gender impacts, dumping in Aniva Bay, erosion, violations in in river crossings, failures in the environmental impact assessments and breaches of Russian environmental legislation.

Read the letter sent to RBS here.
Banks

ABN AMRO

Netherlands
Active

BNP Paribas

France
Active

Mitsubishi UFJ Financial Group (MUFG)

Japan
Active

Mizuho Financial Group

Japan
Active

NatWest Group

United Kingdom
Active
Dodgy Deals
There are no active project profiles for this item now.

Sakhalin II oil and gas project

Russian Federation
Project
On record
Oil and Gas Extraction

Sakhalin II oil and gas project

Russian Federation
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