The Russian government allowed the Japanese company Mitsubishi to transfer 10% of the shares to the new operator of the Sakhalin-2 gas liquefaction project.
The relevant document was published on the portal of legal information on Wednesday. Mitsubishi will own the stake through its subsidiary DGS Japan Co.
At the end of June last year, President Vladimir Putin issued a decree imposing exceptional measures in the energy sector and nationalizing Sakhalin Energy under the ownership of the Russian government in response to the sanctions of some Western countries against Moscow.
The Russian government today agreed to transfer Mitsubishi’s stake from former operator Sakhalin Energy to a new operator.
And Sakhalin-2 is an oil and gas project in Russia, in which two fields are invested in the north-east of the Sakhalin Escarpment, and the project also has a plant for the production of liquefied natural gas with a capacity of 9.6 liters. million tons per year.
Source: RIA Novosti