Oct. 8 () –
The Russian Government has created a new operator for the exploitation of the Russian oil and gas field Sakhalin-1, months after the US oil company ExxonMobil decided to stop operating in the country due to the Russian invasion of Ukraine, leaving the field inoperative for months.
This new operator will receive the rights and responsibilities of the participants in the project, of which ExxonMobil controlled 30 percent and operated with Russian, Indian and Japanese companies, according to the TASS agency.
Also, from now on, foreign participants in the Sakhalin-1 projects must notify the Kremlin, within one month, of their consent to take shares in the authorized capital of the operator in proportion to the same participation shares held by the company. American.
Previously, the governor of the Russian province of Sakhalin, Valeri Limarenko, notified that the extraction of natural gas had been paralyzed since September 16. In addition, the Sajain-1 ceased oil production.