Sakhalin Energy announces new CEO

21 February 2013, Yuzhno-Sakhalinsk. Sakhalin Energy announces that as of 21 February 2013 Andrei Galaev resigns his post as Chief Executive Officer of Sakhalin Energy due to a transfer to another job.

Andrei Galaev has been working for Sakhalin Energy for over five years, including three years as Chief Executive Officer. Olivier Lazare, Chairman of Sakhalin Energy Board of Directors, thanked Mr. Galaev for “his personal contribution and commitment to Sakhalin Energy leadership” and wished Andrei Galaev every success in his future endeavours.

Roman Dashkov will become the сompany’s new CEO. Pursuant to the Shareholders Agreement, he was nominated by OAO Gazprom and approved by other Shareholders. R. Dashkov takes office on 22 February 2013.

Before his nomination as Sakhalin Energy’s CEO, Mr. Dashkov has been working as Deputy Director General of Gazprom dobycha Nadym. A graduate of the Gubkin Oil and Gas University and the Plekhanov Economic University, he has extensive experience in engineering, design and management within the system of Gazprom’s affiliates.

Commenting his nomination, R. Dashkov said that “Sakhalin Energy has made a successful transition from the construction and start-up phase to stable production and has strengthened its reputation as a reliable global energy supplier. I have no doubt that the constructive cooperation of our Shareholders and the united team of highly professional specialists will guarantee the Company’s continued progress in the future”.