Royal Dutch Shell Plc  .com Rotating Header Image Gazprom formed Gazprom Sakhalin Holdings to purchase controlling stake in Sakhalin Energy


Gazprom Sakhalin Holdings B.V. was formed in accordance with Gazprom’s BOD decision to purchase 50% + 1 shares in Sakhalin Energy, said Gazprom’s press service to AK&M.

Thus Sakhalin Energy’s controlling stake is on the balance of Gazprom Sakhalin Holdings, registered in Amsterdam.

April 18, Gazprom closed the deal on purchasing controlling stake in Sakhalin-2 for $7.45 bln. The sides agreed that the Gazprom will pay off the deal by money and the sum of payment will be proportionally divided. Shell now has 27.5% in Sakhalin-2, Mitsui – 12.5%, Mitsubishi – 10%.

Sakhalin Energy remains the operator of the project.
In the framework of Sakhalin-2 project two fields are developed

(Piltun-Astokhskoye and Lunskoye).

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