Sakhalin Energy Project Overview slide image

Sakhalin Energy Project Overview

SAKHALIN ENERGY Development of the South Piltun Area 4D SEISMIC SURVEYS - carried out at Piltun- Astokhskoye field in 2015 Sakhalin Energy continues to examine the possibilities of producing hydrocarbons from the deposits of Piltun- Astokhskoye field which have not been developed as yet. Analysis of the development and planning options for the area located in the central part of Piltun-Astokhskoye field, which was not included into the phase 2 development scope and under its way. Currently Sakhalin Energy is ascertaining the geologic structure and recoverable reserves of the field for subsequent submission of an integrated Reservoir Management Plan to the State Commission for Mineral Reserves. The decision on the South Piltun area development will be made taking into account the Lunskoye gas reserves update, LNG Train 3 construction update, the macroeconomic situation, and the situation in the energy markets. 36 Russian Content in New Projects 10.8 MILLION TONNES OF LNG- produced at the plant in 2015 GRAND MEREYA LNG Train 3 Project 7 In 2015, Sakhalin Energy signed contracts with Shell Global Solutions International and Giprogascenter, a Russian design institute, on the development of design documentation for the LNG Train 3 project. Implementation of this project is quite significant both for the company and for its Russian partners that will get new opportunities for developing their business and mastering technologies. The project expansion is an optimal and economically sound option to increase the volume of the Russian LNG in the global market. Train 3 construction and commissioning will strengthen Russia's position as the leading producer of energy resources, provide economic benefits to the country and the oblast, and contribute to further promotion of the energy security of the Asia- Pacific region. Ole Myklestad Production Director, Sakhalin Energy Our company's promising project, LNG Train 3 construction at Prigorodnoye production complex, creates ample opportunities for potential contractors. In the near future, we plan to approach the market, including the Russian one, and search for the appropriate contractors. 37
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