History

1994
April

June

Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) is established to implement the Sakhalin-2 project (development of the Piltun-Astokhskoye and Lunskoye fields)
The Sakhalin-2 PSA on the development of Piltun-Astokhskoye and Lunskoye fields is signed by the RF Government, the Sakhalin Oblast Administration, and Sakhalin Energy

1996
May-June
June

The Russian Federation issues licences to Sakhalin Energy for the Piltun-Astokhskoye and Lunskoye fields
The Company starts the development of the Astokh Area of the Piltun-Astokhskoye field

1998
September

Molikpaq, the first Russia`s stationary platform, installed at the Piltun-Astokhskoye field by Sakhalin Energy

1999
July

First oil production at the Piltun-Astokhskoye field, Molikpaq platform

2003
May

The Company starts the integrated development of the Piltun-Astokhskoye and Lunskoye fields

2006
June

Sakhalin Energy completes construction and installation works for the Lunskoye-A (LUN-A) offshore gas production platform

2007
July

The Piltun-Astokhskoye-B (PA-B) platform, the third offshore ice-class production platform, is completed and installed

2008
June
October
December

A project funding agreement totalling US$ 5.3 bln is signed
Construction work on the TransSakhalin pipeline system is completed successfully
Sakhalin Energy begins year-round oil exports via its Oil Export Terminal (OET) at Prigorodnoye Asset

2009
January
February

October

Russia`s first offshore gas production begins at the Lunskoye-A (LUN-A) ice-resistant platform
Russia’s first LNG plant inauguration ceremony
A project funding agreement totalling US$ 1.4 bln is signed

2010
July

The first-ever 4D seismic in Russia is completed successfully

2012
March
August

Production sharing begins
The 500th cargo of Sakhalin LNG is successfully offloaded from the Prigorodnoye Asset