Russian government approves Mitsui taking a 12.5% stake in Sakhalin 2

Russian Prime Minister Mikhail Mishustin signed an order Aug. 26 permitting Japan’s Mitsui to take a 12.5% stake in the new Russian operator of the Sakhalin 2 oil, gas and LNG project in Far East Russia. Mitsui said in a statement Aug. 31 that it was informed of the Russian government’s approval Aug. 30, following the company’s Aug. 25 submission…

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