Russia: Sakhalin plans

Russian energy giants Gazprom and Rosneft are considering plans jointly to tackle natural gas fields offshore Sakhalin Island in the Russian far east, Gazprom has said. Gazprom so far has no interests offshore Sakhalin but has held talks with Shell-operated Sakhalin Energy about possibly joining in a huge oil and LNG project under way at the Lunskoye and Piltun-Astokhskoye fields. Rosneft is a member of the ExxonMobil-operated Sakhalin 1 group developing Chaivo oilfield and is a partner with BP at the Sakhalin 5 block, where exploration drilling began last month. Gazprom and Rosneft are already partners. The pair signed an accord in October 2001 calling for joint development of five Russian oil and gas fields including Priralomnoye and Shtokomanovskoye off NW Russia, and Kharampurskoye, Ety-Purovskoye and Vyngayakhinskoye fields in West Siberia.

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