President Vladimir Putin has reportedly signed a decree ordering the Sakhalin Energy Investment Company to a new Russian company, which will decide if foreign stakeholders can remain.
Russia’s... President Vladimir Putin has reportedly signed a decree ordering the Sakhalin Energy Investment Company to a new Russian company, which will decide if foreign stakeholders can remain. Russia’s state-owned gas company Gazprom RU:GAZP, which owns about 50% of Sakhalin Energy, will be allowed to keep its stake. Shell SHEL owns a 27.5% stake, Mitsui 8031 holds 12.5% and Mitsubishi 8058 owns 10%.
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