The Sakhalin-1 project produces Sokol grade crude oil off the coast of Sakhalin Island in Russia's Far East, exporting about 273,000 barrels per day, mainly to South Korea, but also to other destinations including Japan, Australia, Thailand, and the US. In May, US oil giant ExxonMobil's Russian unit Exxon Neftegas declared force majeure for its Sakhalin-1 operations due to sanctions. It had become increasingly difficult to ship crude to customers, the company explained. Project stakeholders, which also include Japan's Sakhalin Oil and Gas Development consortium and Indian explorer ONGC Videsh, were reportedly having difficulty chartering tankers to ship oil out of the region.