Shell at Sakhalin 2: Vladimir Putin has promised to extend administrative support to Shell as it continues to develop Sakhalin 2, Russia’s first offshore gas project and one of the world’s largest integrated, export-oriented oil and gas projects. The Sakhalin 2 joint venture is co-owned by Shell and Gazprom, with Mitsui and Mitsubishi holding 12.5% and 10% stakes respectively. RIA Novosti