27/07/2004 - 22:00

Sakhalin mission

27/07/2004 - 22:00

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Sakhalin mission

Australian businesses are being encouraged to attend a new trade mission to Russia’s gas and oil rich Sakhalin Island announced recently.

The island, in Russia’s far-east, is currently home to one of the world’s biggest oil and gas developments, and has attracted the interest of several of the world’s largest oil and gas players.

It has an expected lifespan of more than 50 years and an estimated $US100 billion will be invested into developing the resource.

Since trade missions to Sakahlin Island commenced mid-way through last year, Australian companies have won more than $40 million worth of business.

Western Australian companies, including electrical supplier JT Day and Wrightway Road Training, have secured contracts for work at Sakhalin.

Host of the mission, government agency, Austrade, is now inviting more businesses to register for the fourth mission, in October 2004.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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