* share in structure of GDP
About the region
The Sakhalin Region consists of several dozens of islands, which are washed by the Sea of Okhotsk, Sea of Japan, as well as Pacific Ocean. The largest islands are - Sakhalin (with adjacent Moneron and Tyuleny islands), as well as Kuril Islands, consisting of Greater Kuril Ridge and Lesser Kuril Ridge. Administrative centre of the region is Yuzhno-Sakhalinsk. One of the largest airports of the region (Khomutovo), providing direct flight connection of the island with the largest airports of Russia, Japan, Korean Republic and China, is located here.
In 2014 Sakhalin Region was included into the list of top five the most high-growth far eastern regions. Industrial production index was increased by 5.5% for this year. According to the rates of growth of commercial minerals’ extraction, this region takes the third place in the Far Eastern Federal District.
Basis of the regional economy (about 60% in Gross Regional Product structure) is extraction of oil and gas. In 2014 14.3 mln. ton of oil and 28 bln. cub. m of gas was produced in the region - mostly as a part of Sakhalin-1 and Sakhalin-2 PSA projects. Export of oil and LNG (as a part of Sakhalin-2 project) is performed to Taiwan, PRC, Korean Republic and Japan. Total geological resources of the Sakhalin Region are estimated as 3.8 bln. ton of oil and 3.3 bln. cum. m of gas (major part of reserves is located at the offshore area). According to the volume of known resources of gas condensate, the Sakhalin region takes the fourth place in Russia, besides it takes the 7th place according to the reserves of gas and 13th place according to the reserves of oil.
At that, the region has mineral resources: fossil and power generating coal, limestone, lignum fossil, gold sand, silver, graphite, sulfur ore etc. 6 of 22 sea ports of the Pacific Ocean basin are located at Sakhalin, they are - Korsakov, Moskalvo, Poronaisk, Prigorodnoe, Nevelsk, Kholmsk, and Shakhtyorsk.
Sakhalin fishermen produce more than 14% of National haul of fish and sea products (pacific salmon and other kinds of fish, seashells, and algae). Sakhalin salmon fish-breeding farms (37 enterprises) provide not less than 10-15% of all volume of humpback salmon, which is produced in the country. Sakhalin-Kuril basin is considered to be one of the most resourceful in the global ocean. Total biomass of resources, concentrated here, exceeds 6.3 mln. ton. According to the estimates of the scientists, 2 mln. ton of algae may be obtained here without causing damage to the water area of Sakhalin and Kurils, at that, total reserves of algae are 9.8 mln. ton. Reserves of brown algae - laminaria - are estimated as 600 thousand ton.
In recent years tourism has been developing actively at Sakhalin and Kurils. Its main tourist attractions are the following: Moneron Island natural park (is considered to be one of the best places in the world for diving), Ilya Muromets waterfall (the highest waterfall in Russia), more than a thousand of rivers, seven thousands of lakes, 39 active volcanoes, sealery at Tyuleny Island, balneological and geothermal springs. Gorny Vozdukh sports and tourist centre is popular among the fans of mounting skis and snowboarding. In 2014 large cruise liners visited Korsakov port 19 times, tourist flow increased by 6.5 times.