Russia to create new firm to take over Sakhalin-2 oil and gas project
Foreign shareholders are required to seek permission from the government for a stake in the new company within a month.

Foreign shareholders are required to seek permission from the government for a stake in the new company within a month.
The National Grid may cut off the gas interconnector pipelines to the Netherlands and Belgium under emergency measures.
Russia said it would take legal action against Germany for this move.
The agreement is expected to bring gas deliveries of approximately 100TWh to the European market this year.
The parties are considering assessing the need to build new liquefaction plants.
The draft MoU is part of the European Union’s efforts to cut its reliance on Russian natural gas imports.
The EU aims to import ten million tonnes of green gas by the end of 2030.
The final approval of the EU’s sixth package of sanctions follows drop of Hungary’s objections.
Thank you for subscribing to Offshore Technology