Project start: 2000
Project end: 2004

About the Company:
Petrosakh is a vertically integrated oil company in Sakhalin. It has its own oil production, processing and shipping facilities onshore. The major part of its production is shipped to Asian-Pacific countries and oil products are also supplied for Sakhalin’s own needs. The Company holds the license for geological exploration of a large offshore oil and gas field Pogranichnoye (Sakhalin-6). Alfa-Group controlled about 97% of Petrosakh shares.

Investment Idea of the Project:
Petrosakh was a highly promising strategic company ripe for investment as, along with a complete-cycle infrastructure, it possesses a big resources base.

Role of the Investor:
Optimization of Petrosakh management, restructuring of its production and sale pattern, and of its entire economic activities. In cooperation with foreign experts, marine seismic exploration of the field was carried out.

Divestment:
Divestment was done through sale to a strategic investor – Urals Energy Company.