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Browse: Home / Economy and Geography

How much would Russia sell Sakhalin Island for?

Question by the: How much do you think Russia would sell Sakhalin Island for?
Say the country had good relations with Russia, and offered to give $ 100,000 USD (or whatever currency they’d need) to every household.

Like $ 50 Billion? And would it need to be in gold?

I know no one knows the exact figure lol, but what would be your best guess?

Answers and Views:

Answer by J H
What are you talking about

Read all the answers in the comments.

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Comments ( 1 )

  1. pepe le pew says

    Sakhalin Island
    Sakhalin Island,
    located in Russia’s
    Far East, is a major
    oil and gas producing
    area and is home to
    Russia’s first
    liquefied natural gas
    plant.
    Technically and commercially recoverable oil reserves around Sakhalin Island are estimated at
    almost 5 billion barrels and natural gas reserves at approximately 34 trillion cubic feet by Wood
    Mackenzie. Both Russian exploration companies and international consortia are involved in the
    development of the Sakhalin Island resources. Even though all of the consortia have extensive
    export plans (including to the United States) via liquefied natural gas (LNG) terminals and export
    pipelines to the mainland, there has been little progress beyond the first two developments on the
    island: Sakhalin I and Sakhalin II. There is also an oil export terminal on the

    Reply

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