Russia To Take Over Whole Sakhalin-2 Project

Russia To Take Over Whole Sakhalin-2 Project

A newly set up state Russian company will take over the rights and obligations of Sakhalin Energy Investment Co., the joint venture running the Sakhalin-2 oil and gas project, Reuters reported today. This could mean a forced exit from the project for Shell and Japan’s Mitsui and Mitsubishi, which are minority shareholders in Sakhalin Energy … Read more