About the project
The International Consortium Sakhalin-1 includes members from four countries:
- The Project Operator is Exxon Neftegas Limited, an ExxonMobil Corporation (USA) subsidiary, which has a 30% stake in the Sakhalin-1 Project
- The Russia party is represented by two Rosneft affiliates: RN-Astra (8.5%) and Sakhalinmorneftegaz-Shelf (11.5%)
- The Japanese SODECO Consortium has a 30% interest
- Videsh Limited ONGC, India's Oil and Natural Gas Corporation has 20% interest
The Sakhalin-1 Project, operated by Exxon Neftegas Limited, is one of the largest single international direct investments in Russia and an excellent example of how advanced technologies are being applied to meet the challenges of the world’s growing energy demand.
Although discovered several decades ago, the Sakhalin-1 fields were not developed until new technologies became available as a result of successful partnership between Russian and international companies.Phases and Facilities