OREANDA-NEWS. August 31, 2011. In its decree the Russian Government authorized the entry into internal sea waters and territorial sea of the Russian Federation until Dec. 31, 2012 of foreign vessels engaged in Sakhalin-2 project, the Ministry of Transport said.

Sakhalin-2 project is managed and operated by Sakhalin Energy Investment Company Ltd. (Sakhalin Energy). Gazprom holds a 50% (+1) stake in the JV, Shell – 27.5%, Mitsui – 12.5% and Mitsubishi - 10%.

The project includes development of the Piltun-Astokhskoye oil field and the Lunskoye natural gas field offshore Sakhalin Island in the Okhotsk Sea.