Business > Natural Gas

Putin Moves to Seize Sakhalin-2, the Natural Gas Venture

1 month ago   |   By NY Times

Shell and two Japanese companies, Mitsui and Mitsubishi, are minority shareholders in the Sakhalin-2 joint venture.
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Putin Seizes Control Over Major Gas And Oil Project From Foreign Investors

1 month ago   |   By Forbes

The move to take control of Sakhalin-2 might force foreign owners-Britain's Shell and Japan's Mitsubishi and Mitsui-to abandon the project and Moscow warned that those walking may not be fully compensated.
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Russia's swoop on Sakhalin-2 gas plant threatens to push out big stakeholder Shell

1 month ago   |   By Business Insider

Russian president Vladimir Putin moved to seize the Sakhalin-2 liquified natural gas project Thursday. REUTERS
Russian president Vladimir Putin moved to seize the Sakhalin-2 natural gas project Thursday.
Shell holds a 27.5% stake in the facility, located in the far east of Russia.
Putin's latest move could push out Shell and other foreign stakeholders Mitsui and Mitsubishi.
Russian president Vladimir Putin has moved to seize control of the Sakhalin-2 oil and gas project, threatening to push out major foreign players including Shell. A Kremlin statement demanded that the rights to the...
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