The Supervisory Board has approved the estimate of the second phase of the Sakhalin-2 project, GTRK Sakhalin TV reported on 19 April. The Russian Ministry of Industry and Energy jointly with the shareholders of the Sakhalin-2 project approved all documents needed for the implementation of the project with the participation of a Russian investor.
The Supervisory Board gathered for the first time in its new composition; in line with the decree of the Russian government, the composition of the representatives from the Russian side was renewed. Ivan Materov, deputy head of the Russian Ministry for Industry and Energy, and Sakhalin Region governor Ivan Malakhov, were approved as co-chairmen of the Supervisory Board. Ilya Trunin, head of the department for tax, customs and tariff policy of the Russian Finance Ministry; Sergey Fedorov, head of the department for state policy in the sphere of subsoil use of the Russian Ministry of Natural Resources; Vladimir Kuznetsov, deputy head of the Federal Energy Agency; and Arkadiy Pinchevskiy, Sakhalin Region deputy governor, became members of the Supervisory Board. read more
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