sakhalin oblast action plan

The oil and gas reserves off the east coast of Sakhalin Island have made the Sakhalin Oblast a key development priority for the Russian Government. Exploiting the Island’s natural resources has attracted significant amounts of international finance from both the private and the public sectors. Cumulative investments in Sakhalin’s numerous energy projects are likely to be in the range of tens of billions of dollars.

It is important that existing and future investment commitments to Sakhalin are consistent with the Bank’s mandate and its Strategy for Russia.

The Sakhalin Action Plan co-ordinates the efforts of all related Bank departments and ensures effective co-operation with the regional authorities in Sakhalin and other key stakeholders.