Meeting of Sakhalin projects Coordination Committee held
Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee has convened at the Company’s Central Office a regular meeting of the Coordination Committee for the Organization of Gazprom Participation in Sakhalin Oil and Gas Projects and Joint Project Execution with Partners.
The meeting highlighted the completion of Gazprom’s joining the Sakhalin II project deal and addressed the topical issues in relation to the project implementation.
On April 18, 2007, Gazprom and the stockholders of Sakhalin Energy (Royal Dutch Shell plc, Mitsui & Co. Ltd and Mitsubishi Corporation), which is the Sakhalin II project operator, entered into a purchase and sale agreement whereby Gazprom acquired a 50 per cent plus one share stake in Sakhalin Energy.
Information Directorate, OAO Gazprom