Belgian ECA concerned about reputational risk over Sakhalin II cover

(Projecto Gato, Ghent, 28 November 2006) On Friday 3 November 2006, lawyers for ONDD, Belgium's export credit agency, wrote to ECA Watch member Projecto Gato asking them to remove information on their web site to the effect that ONDD had approved coverage for a Jan de Nul dredging contract which is part of the giant Shell Oil led Sakhalin II gas and oil project in Russia's far east.