Russia’s President Vladimir Putin has signed a decree that enables foreign investors, including US. ExxonMobil, to reclaim its stake in the Sakhalin-1 oil and gas project, Reuters reported. Sakhalin-1 is a major oil and gas development located off the coast of Sakhalin Island in Russia’s Far East. Operated under a production sharing agreement since the […]
The post ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover first appeared on Egypt Oil & Gas.
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