Foreign Players Need Nod from Putin for Sakhalin Projects

摘要

Foreign oil and gas companies eyeing Russia's prolific Pacific shelf off Sakhalin Island will have to win the backing of Prime Minister Vladimir Putin and his Kremlin cohorts before they will be allowed to team up with state companies in the region. By 2020, the area's crude oil production should total 24 million metric tons (482,000 b/d) and a massive 62 billion cubic meters of gas.