Since 1994 the company has been successfully developing Sakhalin-2, one of the largest and most technically challenging projects in the oil and gas industry.
With the benefit of the advanced technologies and expertise of its shareholders, the Sakhalin-2 operator has built a solid base for LNG production, a new sector in Russian economy. The company has achieved historical breakthroughs by installing the country's first ice-class offshore platforms to produce oil and gas and launching the first in Russia LNG plant.
Successful operations have driven successful export performance. The share of Sakhalin LNG is 4.8% in the Asia-Pacific and 3.6% globally. Sakhalin Energy provides stable LNG and oil supplies to key buyers in the Asia-Pacific region. The annual sales are 11.5 mln tonnes of LNG and 5.5 mln tonnes of crude oil.
Sakhalin Energy relies in its business on operational excellence, sustainability and safety, adhering to high standards on environmental and social responsibility.
The company has set itself ambitious goals to refurbish and upgrade its production facilities based on the up-to-date solutions.
“Today, we take a look back at the 25 years of our success. Sakhalin-2 blazed a new trail in Russian oil and gas industry. It laid a solid foundation for the LNG sector of Russian economy. The Sakhalin-2 project’s role was key to achieving Russia's strategic goal of becoming an energy supplier to the rapidly developing energy market of the Asia-Pacific region. This has been made possible through close collaboration of employees of Sakhalin Energy, its shareholders and business partners, who have stood side by side in all these years. We will continue to uphold our core values, working to achieve the objectives set by our shareholders and promoting a growth strategy to fulfill our mission and maintain a single vision of our development," said Roman Dashkov, Chairman of the Committee of Executive Directors and Chief Executive Officer of Sakhalin Energy.