Very big that Shell is ending its interest its joint interest in Gazprom
27.5% stake in the Sakhalin-2 liquified natural gas facility, its 50% stake in a project to develop the Salym fields in western Siberia and its 50% interest in an exploration project in the Gydan peninsula
27.5% stake in the Sakhalin-2 liquified natural gas facility, its 50% stake in a project to develop the Salym fields in western Siberia and its 50% interest in an exploration project in the Gydan peninsula
Now what about ExxonMobil (XOM), which has been active there for more than 25 years.
Its subsidiary, Exxon Neftegas Limited, has a 30% stake in Sakhalin-1 — a vast oil and natural gas project
Its subsidiary, Exxon Neftegas Limited, has a 30% stake in Sakhalin-1 — a vast oil and natural gas project
It has operated the project since 1995 on behalf of a consortium that includes Japanese and Indian partners, as well as two affiliates of Rosneft.
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