E. SIBERIA RESOURCES DUE STUDY; BIG GAS PIPELINE PROJECTS POSSIBLE

Tokyo Boeki Ltd. of Japan and Far East Energy Inc., Washington D.C., have agreed to conduct a feasibility study for the Russian Republic of development of energy resources in eastern Siberia. Japan's Nihon Keizai Shimbum newspaper reported the study could lead to two natural gas pipelines linking the Yakutsk area to Japan. Gas reserves in the Yakutsk are estimated at 35 tcf. The feasibility study, to be completed next year, carries preferential development rights leading to a possible $7.5

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