Word: sakhaliners
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Since the Soviet fall, Sakhalin Island, off Russia's eastern edge, has seen more than its share of ebullient executives from Western oil giants prospecting for black gold. But few have kept their confidence for long. Most have endured frustrating years waiting for deals to be signed, as bureaucracy, xenophobia and corruption combined to thwart their dreams of bringing Sakhalin's well-known oil riches to the outside world. But in recent months, the oilmen have turned almost giddy--buoyed in equal measure by the high price of crude and President Vladimir Putin's pledge to build a legal foundation...
...world-class oil and gas reserves, on a par with those of the largest OPEC producers. The problem is getting the oil out of the ground and to market. Years of Soviet mismanagement and underinvestment have taken their toll. Russia's oil fields are in dire need of rehabilitation; Sakhalin's north and much of Siberia are littered with rusting derricks ringed by porous labyrinths of old pipelines. Local environmentalists, pointing to the recent spill near the Galapagos Islands, worry about the potential damage to Sakhalin's rich ecosystem caused by toxic drilling waste...
...Sakhalin Islands. If Jackson really has a preference for working abroad, these small rocks off the coasts of Russia and Japan present him with a perfect opportunity. Both countries claim sovereignty over these floating boulders, neither seems particularly inclined to back down, and no one on the planet--including the competing adversaries--cares one whit who comes out on top. Jackson should travel to the islands, exercise some Solomonic wisdom and solve this burgeoning crisis once...
...devastating earthquake struck Sakhalin Island in Russia's far east, killing perhaps as many as 2,000 of 3,000 people living in the tiny oil-drilling town of Neftegorsk. The violent quake, 7.5 on the Richter scale, flattened the shoddy Soviet-built apartment blocks; in a section of town, one of the few structures still standing was a statue of Lenin. Subfreezing nighttime temperatures complicated rescue efforts, and thick offshore ice kept a hospital ship from reaching Sakhalin...
BORIS YELTSIN Bold speeches, but scant funds for Sakhalin quake relief...