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coverage of Russian military operations in Ukraine
MOSCOW, July 1 (Reuters) - Russia sees no grounds for
liquefied natural gas (LNG) supplies to stop from its Sakhalin-2
project after Moscow moved to create a new firm to take over all
rights and obligations of the project, the Kremlin said on
Asked whether Sakhalin-2 could become an example for other
projects involving Western companies operating in Russia, Dmitry
Peskov, Kremlin spokesman, said that each single situation will
be reviewed case by case.
The decree, signed on Thursday, creates a new firm to take
over all rights and obligations of Sakhalin Energy Investment
Co, in which Shell and two Japanese trading companies
Mitsui and Mitsubishi hold just under 50%.
(Reporting by Reuters)