Oil & Gas Operators

The Deadline for Selling the Unclaimed Share of Foreigners in Sakhalin-1 Has Been Extended Until the End of the Year

The deadline for selling the unclaimed share of foreign partners in the new operator of the Sakhalin 1 project has been extended until the end of 2024. On April 8, Russian President Vladimir Putin signed a decree amending Decree No. 723 of October 7, 2022, according to which the deadline …

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Oil & Gas Operators

The Government Approved the Rules for the Sale of Exxon’s Unclaimed Stake in Sakhalin-1

On September 28, the Government of the Russian Federation approved the rules for the assessment and sale of shares in the authorized capital of the limited liability company Sakhalin-1. The text of the relevant resolution is at the disposal of Interfax. According to the document, the assessment of the share …

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