The industry ministry owns 50% of Sakhalin Oil and Gas Development Co., a consortium of Japanese partners including private firms, that holds a 30% stake in Sakhalin-1.
On October 8, Russian President Vladimir Putin issued an instruction to establish a new operator to the energy project Sakhalin-1 to replace ExxonMobil s. 18.10.2022, Sputnik International
India maintains a "healthy dialogue" with Russia, and will look at what is offered, following an announced ownership revamp to the Sakhalin-1 oil and gas p..