Interfax reported that the Sakhalin region's Duma or legislature has passed at first reading a socioeconomic development program that targets oil production to rise 37% by 2018 to 20.3 million tonnes and gas 130% to 55.5 billion cubic meters.

Planned oil production in 2011 is 14.9 million tonnes, in 2012 16.3 million tonnes, in 2013 16.2 million tonnes, in 2014 18 million tonnes and in 2015 19.7 million tonnes. Planned gas production in 2011 is 25.3 billion cubic meters, in 2012 26.8 billion cubic meters, in 2013 30 billion cubic meters, in 2014 38 billion cubic meters and in 2015 39.7 billion cubic meters.

Planned LNG production in 2011 is just over 9.7 million tonnes, in 2012 just fewer than 9.3 million tonnes, in 2013 just over 9.4 million tonnes, in 2014 just under 9.3 million tonnes, in 2015 9.4 million tonnes and in 2018 9.5 million tonnes.

Sakhalin oil production fell 4.3% in 2010 to just under 15 million tonnes, while gas production rose 29.5% to 24.3 billion cubic meters. The Sakhalin 1 and Sakhalin 2 projects currently provide 88% of the region oil and gas.

(Sourced from Interfax)