
THE SHELL LEAKS FILES: 8 SEPTEMBER 2026
SLF-2007-051
The Sakhalin Papers XLI: “Just in Time” — Shareholders Back a PA-C Concept, but the Project Remains Marginal
By May 2013 the proposed South Piltun platform had crossed another corporate threshold. Sakhalin Energy’s shareholders had endorsed a “just-in-time” development concept, linking construction of PA-C to declining production elsewhere in Sakhalin II. But endorsement was not sanction. There was still no final investment decision. The proposed 2014 appraisal well had been abandoned. Company studies described South Piltun as a “marginal opportunity.” And while PA-C waited for its commercial moment, preparations began for another large 3-D/4-D seismic campaign across the Western Gray Whale feeding environment.
Archive reference: SLF-2007-051
Collection: The Sakhalin Papers
Principal primary record: Western Gray Whale Advisory Panel, Report of the Thirteenth Meeting, Tokyo, 15–17 May 2013
Supporting scientific record: WGWAP Noise Task Force reports, May and October 2013
Authenticated Shell records: Royal Dutch Shell plc Annual Report and Form 20-F 2013; Royal Dutch Shell plc Sustainability Report 2013
Contemporaneous reporting: Reuters, 30 September 2013; Gazprom corporate announcement, 23 December 2013
Court record: Export Credits Guarantee Department v Friends of the Earth [2008] EWHC 638 (Admin), used for historical financing and environmental context
Evidence standard: Shareholder endorsement of a development concept is distinguished from a final investment decision. Sakhalin Energy’s description of South Piltun as marginal is reported as the company’s own commercial assessment. The proposed third LNG train discussed later in 2013 is distinguished from PA-C: the two were related to expansion of the same integrated project but were not the same investment decision. read more
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