Grand Elena LNG carrier

Sakhalin Energy LLC (to which the rights and obligations of Sakhalin Energy Investment Company Ltd. under the Production Sharing Agreement were transferred on 19 August 2022) is developing the Piltun-Astokhskoye oil field and the Lunskoye gas field off the north-eastern coast of Sakhalin. Its activities include production, transportation, processing, and marketing of oil and natural gas.

The сompany’s major assets include:

Lunskoye-A is the first Russian offshore gas production platfrom

In 2020, according to the International Financial Reporting Standards (IFRS), revenues of Sakhalin Energy amounted to US$ 4,383 mln, and its total net income was US$ 1,080 mln.


In 2021, the company shipped about 32.9 mln bbl (4.2 mln t) of Sakhalin Blend oil from the port of Prigorodnoye, which amounted to about 47 standard oil shipments (one standard oil shipment is 700 thousand bbl). 

The share of oil blend exported by Sakhalin Energy to the APR is about 0.3% of the total volume of oil consumed in the region.

Liquefied Natural Gas

In 2021, the company shipped approximately 10.4 mln t of LNG (160.1 standard LNG shipments) from the Prigorodnoye port (one standard LNG shipment is 65 thousand t).

In 2021, the share of Sakhalin LNG amounted to: 2.8% of global LNG demand; 3.8% of LNG demand in APR countries; 8.2% of LNG demand in Japan; 4.5% of LNG demand in South Korea; 7.1% of LNG demand in Taiwan; 1.2% of LNG demand in China.

Natural Gas

Since the start of supplies, the Russian party has been provided with over 12,464 mln m³ of natural gas under the Sakhalin-2 project (including 1,192 mln m³ in 2021),