Russia will create a firm taking over obligations of Sakhalin-2 oil and gas project operator
21:46 (30-06) - Bron: Reuters
June 30 (Reuters) - Russia will create a firm which will
take over all rights and obligations of the Sakhalin Energy
Investment Company amid Western sanctions imposed on Moscow, a
decree signed by President Vladimir Putin said on Thursday.
Sakhalin Energy Investment Company is a consortium for
developing the Sakhalin-2 oil and gas project in Russia's Far
Its shareholders include Russian gas giant Gazprom
(50% plus one share) and Shell (27.5% minus one share).
Leading Japanese traders, Mitsui & Co and Mitsubishi
Corp , own stakes of 12.5% and 10% respectively in the
(Reporting by Reuters; editing by Chris Reese)