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Sakhalin Oblast increased its oil and gas production in 9 months
Sakhalin Region for 9 months 2014 year extracted 10 million 773 thousand tons of oil, which is 6,5% more than the same period last year.
Gas production amounted to more than 20,8 billion cubic meters of gas, or with an increase of 3,7%, the Ministry of Natural Resources and Environmental Protection of the Sakhalin Region told Interfax-Far East.
Traditionally, the lion's share of production falls on the Sakhalin-1 and Sakhalin-2 PSA projects.
During this period, more than 9,7 million tons of oil were exported (an increase of 14,8%) and almost 8 million tons of LNG (a decrease of 0,6%).
According to Interfax, by the end of the year it is planned to produce almost 11,9 million tons of oil (in 2013, almost 13,9 million tons were produced) and 26,9 billion cubic meters of gas (in 2013 - 27,4 billion cubic meters).