Novatek bids for Sakhalin-2 stake
Former shareholder Shell vowed to withdraw from Russia in response to Moscow's invasion of Ukraine.
Source: naturalgasworld.com
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Former shareholder Shell vowed to withdraw from Russia in response to Moscow's invasion of Ukraine.
The business has struggled for years with spills caused by pipeliine sabotage and oil theft.
UK major was previously reported to be seeking Chinese interest in a sale.
Denmark can still access gas on the European market.
The Indian state-run ONGC is eyeing Russian oil and gas assets including Salym, Sakhalin-I and Sakhalin-II projects.