Interfax cited Mr Valery Golubev Deputy CEO of Gazprom as saying that Gazprom is preparing a bid for the Sakhalin-4 license territory and is not planning bids for other licenses.

Mr Golubev said "The bid for Sakhalin-4 is being prepared for submission. We don't plan other bids for now. He said that current demand on domestic and export markets do not justify development of new fields.

(Sourced from Interfax)