The LNG plant operating company RasGas was established in 2001.
In addition, the project includes three gas storages and a LNG plant.
Korsakov is also the closest town to the huge LNG plant, constructed within the framework of the Sakhalin-2 project.
The LNG plant was expected to cost US$3.7 billion and it was to become operational by 2012.
The LNG plant was inaugurated on 18 February 2009.
The LNG plant was ordered in 2000 and the construction works started in September 2001.
The onshore transportation and technological complex, including an LNG plant, will be prepared by Technip.
The LNG plant is expected to cost US$9 billion, and it would be commissioned in 2012.
Construction of the LNG plant started in 2007.
The LNG plant is expected to come online in 2011.