Sakhalin Energy Federation, represented by the government of the Russian Federation and the Sakhalin Oblast Government. In 2007, Shell sold part of its stake to Gazprom which made Gazprom the largest shareholder with 50% share of the company. In November 2009, Sakhalin Energy joined the United Nations Global Compact. Sakhalin Energy develops the Piltun-Astokhskoye and the Lunskoye oil and gas fields, known as the Sakhalin-II project, in the Sea of Okhotsk, offshore Sakhalin island in the Russian Far East. The infrastructure of the Sakhalin-II project includes: February 2017 marked eight years since the first LNG plant in Russia was officially launched. Russia
Gazprom Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell signed in the presence of Putin and Mark Rutte prime minister of Netherlands a memorandum outlining the principles of cooperation within hydrocarbons exploration and development in the Arctic shelf and a section of the deep-water shelf. In 2008, Gazprom carried out of explorative well drilling; of 2D seismic and of 3D seismic survey. As a result, gas reserves grew by , and crude oil and gas condensate reserves grew by 61 million tons. Gazprom carries out prospecting and exploration in foreign countries such as India, Algeria, Venezuela, Vietnam,