Logo
  Sunday, June 26, 2022
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

Gazprom has achieved agreement with Sakhalin Energy on its participation in the Sakhalin-2 project
Russia’s gas giant Gazprom has achieved agreement with Sakhalin Energy on its participation in the Sakhalin-2 project. The two parties signed a memorandum to this effect at a ceremony attended by President Vladimir Putin. Gazprom will have a 50-percent-plus-one-share stake in the project, being carried out production sharing terms. The two hydrocarbon fields in question, Piltun-Astokhskoye and Lunskoye, have estimated reserves of 150 million tonnes of oil and 500 billion cubic meters of natural gas. The operator – Sakhalin Energy – was established by the by the Anglo-Dutch company Royal Dutch-Shell (55 percent), and Japan’s Mitsui (25 percent) and Mitsubishi (25 percent). The project envisages the construction of two off-shore rigs, a gas liquefying plant having a capacity of 9.6 million tonnes a year, a gas condensate processing plant, two 800-kilometer long pipelines and an oil terminal.
Print Gazprom has achieved agreement with Sakhalin Energy on its participation in the Sakhalin-2 project Bookmark Gazprom has achieved agreement with Sakhalin Energy on its participation in the Sakhalin-2 project

Related News   
NovDecember 2006Jan
MoTuWeThFrSaSu
27282930123
45678910
11121314151617
18192021222324
25262728293031
1234567