Yuzno.com

In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia.

Russian Gazprom has discovered a new field offshore Sakhalin Island, within the Mynginskaya geological structure in the Kirinsky prospect. The exploration well flowed gas and condensate, and is currently undergoing testing.

Interfax citing Mr Lev Brodsky RN-Far East chief as saying that Russian Oil Company Rosneft and China Sinopec have decided to drill a third well at the Veninsky block at Sakhalin-3 for the further determination of resources. The company, Mr Brodsky said has already listed this deposit reserves with the State Reserves Commission. It has [...]

Pipe Metallurgical Company one of the world largest producers of tubular products for oil and gas, seamless line pipe shipped to the company Gazprom for arranging sea pipeline Kirinskoye gas field offshore Sakhalin Island Sakhalin.

The Indian company ONGC is joining Gazprom and Rosneft as a contender for the Sakhalin 3 project. Director of the Ministry of Industry and Energy department of state energy policy Sergey Mikhailov said at the Russian-Indian business forum in New Delhi yesterday that a decision would be made soon on the sale of a [...]

Rosneft president Sergei Bogdanchikov believes joint development of Sakhalin-3 resources with Gazprom is a possibility.
'In the Far East alone Rosneft has 2,600 km of various pipelines,' Bogdanchikov told Interfax on the sidelines of an economic forum in Krasnoyarsk. 'Not all of them are new, but some could be used in a future project. Gazprom already [...]