Archival Review of Shell and Mitsubishi Partnership in Sakhalin LNG Project
1 report, 1 independent
Updated Aug 10
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Shell and Mitsubishi Motors partnered in the Sakhalin Energy project in Russia. The partnership focused on Sakhalin II Phase 2, which Shell publicly presented in May 2003 as an approximately $10 billion investment. Under this structure, Shell held 55%, Mitsui held 25%, and Mitsubishi held 20% of the venture.
Why it matters
The project was described at the time as the largest single foreign direct investment project in Russia. The archival records include subsequent updates and discussions regarding the project's budget and cost overruns.
Shell's involvement in the Sakhalin 2 project is linked to individuals like John Donovan and Lucy Kellaway through archival material from 2007.
Who's involved
- ShellBritish multinational oil and gas company involved in the joint venture.
- Mitsubishi MotorsJapanese automotive manufacturer partnered in the Sakhalin Energy joint venture.
How it developed
Newest first. Tap a step to see who reported it.- Russia is seeking €1.5 billion from Shell over gas payments related to the Sakhalin LNG project.Sub-event
- JBIC provided loans and EBRD examined a proposed Phase 2 financing package for the Shell-involved Sakhalin project structure.Sub-event
- AeA identified HSESAP non-compliances in Shell's Sakhalin project, leading to discussions with the Ministry of Natural Resources.Sub-event
- Corporate liability stemming from leaked technical emails involving Sakhalin Energy and Shell Exploration & Production.Sub-event
The partnership focuses on Shell's Sakhalin II project, with SEC filings made.1 source
Keep exploring
The entities involved
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Shell
British multinational oil and gas company
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Mitsubishi Motors
Japanese automotive manufacturer
Related events
- Shell is supplying goods for the Sakhalin II project, which is currently under legal review involving Corner House and reported by Interfax.
- Shell and the Far East are discussing the Sakhalin-2 project and hydrocarbon resources.
- Gazprom acquired a stake in Sakhalin Energy, a corporate change reported by media outlets.
- Rick Steiner reviewed oil industry practices on Sakhalin and held dominant shareholder status in Sakhalin Energy.