Russia Takes Over the Sakhalin-2 LNG Project, Squeezing Shell - Society of Petroleum Engineers

The Russian president has signed a decree that appears to nationalize the Sakhalin-2 offshore oil and gas production-sharing agreement and related LNG facilities to squeeze out its foreign partners.

Russian President Vladimir Putin has signed a decree that could be interpreted as a backdoor move to nationalize the Sakhalin-2 offshore upstream oil and gas project and related LNG facilities as Mos… [+4358 chars]

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