Gazprom takes over former Shell Sakhalin-2 stake for $1bn

Capt. John

Russian state-controlled energy giant Gazprom has bought a 27.5% stake in LNG producer Sakhalin Energy, previously held by Shell, for 94.8bn roubles ($1.02bn). The ex-Shell stake in Sakhalin Energy will be sold to a company named Sakhalin Project, fully owned by Gazprom. Before this acquisition,...

https://splash247.com/gazprom-takes-over-former-shell-sakhalin-2-stake-for-1bn/

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