ONGC: Russia’s Sakhalin-1 oil output at 200,000 bpd
Green Car Congress
MAY 30, 2023
India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. Sakhalin-1 produced an average of 227,000 bpd in 2021. Following the onset of sanctions against Russia due to the war in Ukraine, Russia seized the Sakahlin-1 asset and ExxonMobil, the operator, exited Russia.