Novak: It’s too early to talk about contenders for ExxonMobil’s share in Sakhalin-1 19:23

Russian Deputy Prime Minister Alexander Novak said that it is too early to talk about possible competitors for the share of the American oil company ExxonMobil in the Sakhalin-1 oil and gas project. It has been reported DEA News.

“It is too early to talk about this right now. The criteria will be determined by the relevant decree, applications will be made,” he said.

In October, ExxonMobil gone From the Russian Federation after the creation of a new operator of the Sakhalin-1 oil and gas project.

Later it was learned that ExxonMobil. to thinkHe said that Russia’s decision to transfer the Sakhalin-1 project to Russian jurisdiction and create a new Russian operator violates the rights of the enterprise.

Russian Cabinet in November allowed sold 20% stake of the new Sakhalin-1 operator to Indian ONGC Videsh Limited and 30% to Japanese Sakhalin Oil and Gas Development Co. Ltd. (Sodeco).

Source: Gazeta


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