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 the world's reserves. In 2015, the reserves of crude oil were 1.355 billion tons and the reserves of gas condensate were 933.3 billion tons. 59.8 percent of Gazprom's natural gas reserves (Categories A+B+C1) were located in the Urals Federal District (decreasing), 20.5 percent in the Arctic shelf (increasing), and 8.3 percent in the Southern Federal District and North Caucasus Federal District. Gazprom has invested about 480 billion rubles ($20 billion) in new major projects in order to maintain supply. Nearly 37 percent of Gazprom's reserves are located in the Yamal Peninsula and in the Barents Sea. One of Gazprom's major