US presidential campaign does no credit to American colleagues — LavrovRussian Politics & Diplomacy October 25, 13:11
Kremlin wants Western media's unbiased coverage of Russian, Syrian troops' activitiesRussian Politics & Diplomacy October 25, 13:07
Press review: US election criticism and Belgium against CETAPress Review October 25, 13:00
Russian deputy PM: Agreements on crude production cap to stabilize oil sector investmentsBusiness & Economy October 25, 12:46
Russia ready to extend Turkish stream after written guarantees from EU — LavrovBusiness & Economy October 25, 12:34
Pablo Picasso paintings come to lifeSociety & Culture October 25, 12:31
Minsk confirms it is ready to host Contact Group meeting October 26World October 25, 12:09
Moscow surprised as Germany places politics above economy — LavrovRussian Politics & Diplomacy October 25, 12:03
Terrorists cutting off Aleppo residents from humanitarian corridorsWorld October 25, 11:32
MOSCOW, May 28. /ITAR-TASS/. Offshore resources near the Sakhalin Island are sufficient for all liquefied gas projects on its territory, Sergei Donskoy, Minister of Natural Resources and Environment, told journalists.
New resources could be discovered, he said.
Russian oil giant Rosneft and US ExxonMobil are planning a joint venture and expansion of capacity at the existing LNG plant under the Sakhalin-2 project.
Sakhalin-2 is the only LNG project on the Russian territory developing Piltun Astokhskoye and Lunskoye fields off Sakhalin’s shore, their extractable resources estimated at 150 million tons of oil and 500 billion cubic meters of gas.
Shareholders of the project’s operator Sakhalin Energy are Gazprom (50%), Royal Dutch Shell (27.5%), Japanese Mitsui (12.5%) and Mitsubishi (10%).