Sakhalin Energy
A second consortium, Sakhalin Energy Investment Company Ltd (Sakhalin Energy), is managing the Sakhalin II project. It has completed the first production-sharing agreement (PSA) with the Russian Federation. Sakhalin Energy will build two 800-km pipelines running from the northeast of the island to Prigorodnoye (Prigorodnoe) in Aniva Bay at the southern end. The consortium will also build, at Prigorodnoye, the first liquefied natural gas (LNG) plant to be built in Russia. The oil and gas are also bound for East Asian markets.