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Table of Content 1 INTRODUCTION 2 1.1. PURPOSE 2 1.2. SCOPE 2 1.3. Definitions and abbreviations 2 2. General Provisions 3 3. Russian Content 4 3.1. Russian Content Development Plan 4 3.2. Components
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The Sakhalin-II PSA (Production Sharing Agreement) Russian content refers to the specific local content requirements mandated by Russian law for projects like the Sakhalin-II liquefied natural gas project. This involves a percentage of goods, services, and labor used in the project to be sourced from Russian companies.
All companies involved in the Sakhalin-II project, including contractors and subcontractors, are required to file reports on their compliance with Russian content regulations.
To fill out the Sakhalin-II PSA Russian content report, companies must gather data on local goods and services used, calculate the percentage of Russian content, and complete the required forms, ensuring accuracy and compliance with the regulations set by the authorities.
The purpose of the Sakhalin-II PSA Russian content requirements is to promote local economic development, support Russian suppliers, and ensure that a significant portion of the project's investment remains within the Russian economy.
Companies must report information on the total value of goods and services procured, the proportion of Russian suppliers involved, the nature of the services or goods provided, and compliance with local content commitments.
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