Sakhalin offshore deposit reserves estimated at 1.7bn tons of oil and 3.7tln cbm of gas
Oil and condensate reserves on Sakhalin shelf are estimated at 1.7 billion tons, of gas - 3.7 trillion cbm, Sakhalin Governor Alexander Khoroshavin said.
Speaking at the 15th Anniversary Conference "Oil and Gas of Sakhalin," the regional official said that the most important task is the construction of oil and gas processing facilities in the area.
"Creation of the hydrocarbons deep processing in the Sakhalin region is a major task of the regional government. In this regard, we consider it appropriate to build in Sakhalin an oil refinery of production capacity of up to 4 million tons a year. So, we must combine our efforts with our colleagues and partners, the biggest state corporations - Gazprom and Rosneft, as well as with operating companies," the regional administration’s press service quoted Mr. Khoroshavin as saying.
He noted that the condition of building such a plant derived oil on it, can fully meet respective needs of Sakhalin region and even the neighboring regions. In this case the deep processing of hydrocarbons in place, ie on Sakhalin Island, the most competitive.
Currently, Gazprom is conducting the refinery project feasibility study under the Memorandum of Understanding signed between the Government of the Sakhalin region and Gazprom. The regional government is also ready to discuss the issue with other partners.