Sakhalin Energy
 | |
| Private | |
| Industry | Oil and gas industry |
| Founded | 1991 |
| Headquarters | Yuzhno-Sakhalinsk, Russia |
Key people | Roman Dashkov (CEO) |
| Parent | Gazprom |
| Website |
www |
Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) is a consortium for developing the Sakhalin-II oil and gas project with corporate head office in Yuzhno-Sakhalinsk. Sakhalin Energy signed a Production Sharing Agreement (PSA) in 1994 with the Russian Federation, represented by the government of the Russian Federation and the Sakhalin Oblast Government. Sakhalin Energy formed to develop the Piltun-Astokhskoye and the Lunskoye oil and gas fields in the Sea of Okhotsk, offshore Sakhalin island in the Russian Far East. The modern infrastructure is made for Sakhalin-2 project:
- Offshore Molikpaq platform
- Offshore Piltun-Astokhskoye platform
- Offshore Lunskaya platform
- Onshore processing facility
- Pipeline
- LNG plant and Oil Export Terminal.
The Chief Executive Officer (CEO) is Roman Dashkov. The company's principal activities are the production and export of oil (since 1999) and liquefied natural gas (from 2009). Company's vision is to be the premier energy source for Asia-Pacific. [1] The company celebrated its 20th anniversary in 2014.
Shareholders
The current shareholders are:
- Gazprom Sakhalin Holdings B.V. (subsidiary of Gazprom) - 50% plus 1 share
- Shell Sakhalin Holdings B.V. (subsidiary of Royal Dutch Shell) - 27.5% minus 1 share
- Mitsui Sakhalin Holdings B.V. (subsidiary of Mitsui)- 12.5%
- Mitsubishi - 10%
Economic Impact
Since Sakhalin Energy started its operations, the Russian Federation’s proceeds from the Sakhalin-2 project have totaled over US$ 18.8 bln (by the end of 2015). Totally in 2015, Sakhalin Energy paid about US$ 5.2 bln (in kind and in cash) to the Russian Federation.
Over US$ 23 bln worth of contracts have been awarded to Russian companies and organisations.
Social Responsibility
In November 2009 Sakhalin Energy joined the United Nations Global Compact. UN Global Compact is the largest international voluntary initiative to promote corporate social responsibility of business. By joining the Global Compact companies and organisations commit to align its operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.[2] The Company’s priority areas of social programmes are identified in the course of consultations with the public. These are:
- education;
- safety
- environment and biodiversity protection;
- health;
- culture and arts; and
- provision of assistance in the development of the indigenous peoples of the North of the Sakhalin Oblast.
The Company does not finance religious or political organisations or parties, or travels if they are the sole result of the project.
Most social projects are implemented in partnership with stakeholders including public organisations and government authorities.
- Energy Social Initiatives Fund
- What to do in Emergency Situations
- Sakhalin Road Safety Council
- Korsakov Partnership Council
- Employees Charity Initiatives
- Sakhalin Indigenous Minorities Development Plan
- Social Investment
- The 80th anniversary of Vladimir Sangi – Nivkhi classic
References
- ↑ "Transfer of Sakhalin Energy Shares Completed" (PDF) (Press release). Mitsubishi. 2007-04-19. Retrieved 2011-07-20.
- ↑ "Participant Information". United Nations Global Compact.
External links
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