Overview
Russia's Sakhalin Island is Big Oil nirvana. The area's estimated reserves top 500 billion cu. meters of natural gas and 150 million tons of oil. Sakhalin Energy Investment Company is a consortium of Russia's Gazprom, Royal Dutch Shell, and Japan's Mitsui and Mitsubishi formed to exploit those resources. Its facilities include offshore platforms, an oil pipeline terminal, and a natural gas liquefaction plant, which the company hopes will
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Read More give it an edge in serving the growing demand in Asia. Sakhalin ships some 41 million barrels of oil, around 11 million tons of liquefied natural gas (LNG), and some 1 billion cu. meters of natural gas annually.
Read Less
Read More give it an edge in serving the growing demand in Asia. Sakhalin ships some 41 million barrels of oil, around 11 million tons of liquefied natural gas (LNG), and some 1 billion cu. meters of natural gas annually.
Read Less
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