Russia Controls International LNG Project

Russia took control of the international consortium behind the giant Sakhalin-2 oil and natural gas project, handing the project over to a new Russian entity.

Sakhalin-2, in the Russian Far East, is one of the largest oil and gas projects in the world, supplying about 4% of the global liquefied natural gas market and including projects such as Cover PLC and Mitsubishi among its shareholders. Russia Controls International LNG Project

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