Alania Oil is studying the contract signature to buy 200,000 MT per month of LNG. After different alternatives, the most convenient will be LNG with origin Lunskoye, Sea of Okhotsk, offshore Sakhalin Island in the Far East of the Russian Federation. Take of decisions in June. LNG to be supplied in Asia. Alania Group, in JV with a Local Gas Company, will build up a Re-gasification Plant. The initial works will start six months after the first LNG delivery. At same time, Alania Oil have had preliminary negotiations in the Arabic Gulf area to develop a natural gas field. The gas allocation should cover a minimum of 150,000,000 MMBTU yearly. The allocation will allow Alania Oil to export and also to sale the natural gas in the domestic market.