Exxon Neftegas

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Exxon Neftegas Limited (also known as ENL; Russian: Эксон Нефтегаз Лимитед) is a subsidiary of ExxonMobil, an American oil and gas corporation.[1] ENL is the operator of Sakhalin-I Consortium which is involved in exploration and production of oil and gas on Sakhalin Island (Russia) and offshore, in Chayvo, Odoptu and Arkutun-Dagi fields located in the Sea of Okhotsk.[2] The office of ENL is located in the city of Yuzhno-Sakhalinsk[3]

Two Russian, one Japanese and one Indian companies are partners in the consortium.

Company Interest
ExxonMobil 30%[4]
Sakhalin Oil & Gas Development Co. Ltd. 30%
ONGC Videsh Ltd 20%
Sakhalinmorneftegas-Shelf 11.5%
RN-Astra 8.5%

The project was announced commercial in October 2001. Total reserves are estimated at 2.3 billion barrels (370×10^6 m3) of oil and 485 billion cubic metres (17.1 trillion cubic feet) of natural gas. Phase I of the project consists of expansion of Chayvo field onshore processing facility and a 225-kilometre (140 mi) pipeline for transportation of crude oil westward across Sakhalin Island and Tatar Strait to De-Kastri terminal in the Russian Far East.[5] The consortium reached its peak production rate of 250,000 barrels (34,000 metric tonnes) of oil in February 2007.[2]

WWF and other environmental protection NGOs have criticized the consortium for dangers to environment and traditional lifestyle of indigenous population of Sakhalin caused by the production activities.[6][7]

References

  1. Sakhalin-1 Project
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  3. EXXON NEFTEGAS LIMITED OPENS NEW OFFICE BUILDING
  4. Project Website. Sakhalin project overview
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External links