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 Armenia Gazprom and Armenia signed a contract for 25 years about strategic principles of cooperation in gas and energy projects in the Armenian territory. After this contract Gazprom raised the gas price from the preferential $54 per 1,000 m3 to $110 per 1,000 m3. The price is fixed on this still preferential level until 1 January 2009. To avoid a higher prizes level for natural gas, the Armenian government had to make some concessions that the Iran-Armenia Natural Gas Pipeline and the 5th unit of Hrazdan Thermal Power Station get under control of ARG. Final owner rights must transit till 1