Sakhalin-III

{{update|date=December 2016}}

{{Use dmy dates|date=February 2021}}

{{Infobox oilfield

| name = Sakhalin-III project
East-Odoptu, Ayashsky, Veninsky and Kirinsky fields

| region = Sakhalin

| country = Russia

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| offonshore = offshore

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The Sakhalin-3 ({{langx|ru|Сахалин-3}}) project is an oil and gas development in Sakhalin Island, Russia. It includes four blocks (East-Odoptu, Ayashsky, Veninsky and Kirinsky) containing {{convert|5.1|Goilbbl}} of crude oil and {{convert|46|Tcuft}} of natural gas.

{{cite news

| url= http://www.oilvoice.com/n/ChevronTexaco_to_Invest_9_Billion_in_Sakhalin3_Project/bfe52e7d.aspx

| title= Sakhalin Island

| publisher= Energy Information Administration

| accessdate=2010-07-14}}

{{cite web

|url = http://www.eia.doe.gov/emeu/cabs/Sakhalin/Background.html

|title = ChevronTexaco to Invest $9 Billion in Sakhalin-3 Project

|work = OilVoice

|date = 2003-09-26

|access-date = 2010-07-14

|url-status = dead

|archive-url = https://web.archive.org/web/20100821215515/http://www.eia.doe.gov/emeu/cabs/Sakhalin/Background.html

|archive-date = 21 August 2010

}}

The Veninsky field is being developed by Venineft, a joint venture of Rosneft (79.5%) and Sinopec (21.5%).

{{cite web

|url = http://www.rosneft.com/Upstream/Exploration/russia_far_east/sakhalin-3/

|title = Sakhalin-3

|publisher = Rosneft

|access-date = 2010-07-14

|url-status = dead

|archive-url = https://web.archive.org/web/20100525054511/http://www.rosneft.com/Upstream/Exploration/russia_far_east/sakhalin-3/

|archive-date = 25 May 2010

}}

It has oil reserves of {{convert|1.2|Goilbbl}} and {{convert|9.1|Tcuft}} of natural gas.

Kirinsky gas and condensate field is being developed by Gazprom Dobycha Shelf, a subsidiary of Gazprom. Kirinsky field is located {{convert|28|km}} offshore Sakhalin Island in the Sea of Okhotsk in water depths of approximately {{convert|90|m}}.

{{cite news

| url= http://www.oilvoice.com/n/Gazprom_Awards_FMC_Technologies_190_Million_Subsea_Contract/7b5ab489d.aspx

| title= Gazprom Awards FMC Technologies $190 Million Subsea Contract

| work= OilVoice

| date=2010-07-09

| accessdate=2010-07-14}}

It has gas reserves about {{convert|3.6|Tcuft}}. The field is expected to be commissioned in 2014.

{{cite news

| url= http://uk.reuters.com/article/idUKLG30145020091016

| archive-url= https://archive.today/20130201061230/http://uk.reuters.com/article/idUKLG30145020091016

| url-status= dead

| archive-date= 1 February 2013

| title= Russia's Gazprom accelerates Sakhalin-3 project

| first= Denis | last= Pinchuk

| work = Reuters

| date=2009-10-16

| accessdate=2010-07-14}}

{{cite news

| url= http://uk.reuters.com/article/idUKLDE5BR07320091228

| archive-url= https://archive.today/20130202002254/http://uk.reuters.com/article/idUKLDE5BR07320091228

| url-status= dead

| archive-date= 2 February 2013

| title= Gazprom eyes deal with Exxon on Sakhalin in 2010

| first=Gleb | last=Bryanski

| work = Reuters

| date=2009-12-28

| accessdate=2010-07-14}}

In addition, Gazprom owns the East-Odoptu and Ayashsky licences.{{cite web

| url= http://www.gazprom.com/production/projects/east-program/

| title= Eastern Gas Program

| publisher= Gazprom

| accessdate= 2010-07-14

| archive-date= 14 July 2010

| archive-url= https://web.archive.org/web/20100714082207/http://www.gazprom.com/production/projects/east-program/

| url-status= dead

}}

Chevron Corporation, ExxonMobil, and Rosneft got the licence to operate Sakhalin-3 under a production sharing agreement granted in 1993. The licence was revoked and re-tendered in 2005 under a normal tax regime.

{{cite news

| title = Chevron, ExxonMobil lead Sakhalin-III race

| url = http://www.upstreamonline.com/live/article69415.ece

| newspaper = Upstream Online

| date = 2005-05-31

| accessdate = 2010-07-14}}

In June 2009, Prime Minister of Russia Vladimir Putin invited Royal Dutch Shell to participate in the Sakhalin-3 project.

{{cite news

| url= http://uk.reuters.com/article/idUKLR10355520090627

| archive-url= https://archive.today/20130201180126/http://uk.reuters.com/article/idUKLR10355520090627

| url-status= dead

| archive-date= 1 February 2013

| title= Russia's Putin offers surprise deal to Shell

| first= Simon | last= Shuster

| work = Reuters

| date=2009-06-27

| accessdate=2010-07-14}}

There are current talks of a Sakhalin VI project.