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Sakhalin-2 Oil and Gas and LNG Project

Sector: Natural Gas • Location: Russia

Source: Reuters

Project
Completed

Kremlin-controlled energy giant Gazprom acquired a 27.5% stake, formerly owned by Shell, in Russian liquefied natural gas (LNG) producer Sakhalin Energy for around $1 billion. Gazprom now owns almost 77.5% of the Sakhalin 2 operational company, Sakhalin Energy, located in the southern tip of the Pacific island of Sakhalin.

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The project “Sakhalin-2 Oil and Gas and LNG Project” is an infrastructure initiative in the Natural Gas sector, located in Russia. Taiyo aggregates data on it from Reuters.

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Description

Description

Kremlin-controlled energy giant Gazprom acquired a 27.5% stake, formerly owned by Shell, in Russian liquefied natural gas (LNG) producer Sakhalin Energy for around $1 billion. Gazprom now owns almost 77.5% of the Sakhalin 2 operational company, Sakhalin Energy, located in the southern tip of the Pacific island of Sakhalin.

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