The Sakhalin governor has invited companies from India to invest in Russia s energy reserves after American and European oil and gas majors left. ONGC Videsh already has a 20% share in Sakhalin-1 oilfields, but Russia is encouraging India to increase its stake, including in the Sakhalin-2 gas field. Almost all of Sakhalin-1 s oil production is sent to foreign markets.
The governor of Russias resource-rich Sakhalin has invited companies from India to benefit from its energy reserves following the departure of Western oil and gas majors.
Thoughts of an everlasting buffet and cheap plonk are banished at these all-inclusive hotels, says Jane Knight. Her round-up travels from the Maldives to Andalusia in Spain.