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Sakhalin Energy to be taken over by Russian company

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Published on 02 Jul 2022 / In News & Politics

Vladimir Putin has ordered that the Sakhalin Energy Investment Company be transferred to the Russian state. The firm’s shareholders include Gazprom, Shell, Mitsui and Mitsubishi. The new company will inherit all of the previous operator’s assets and all staff will be re-employed.

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InfiniteMushroom
InfiniteMushroom 1 month ago

Well done Mr Putin. Continue to recover Russia’s assets from foreign countries and hostile private parties.

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