Vladimir Putin increased about one year the term of sales shares of Exxon Mobil COR in "Sakhalin-I"

President of the Russian Federation Vladimir Putin signed the decree according to which the term of sales shares of the American companies Exxon Mobil COR in the Sakhalin-I project on oil production from the Sakhalin shelf is increased from four months to one year. Exxon Mobil COR — the former operator of "Sakhalin-I". Changes are made to the decree of the president of October 7. According to changes, the share in the new operator of the Sakhalin-I project which was not transferred to the foreign participant, has to be sold to the legal person from Russian Federation. Pedpolagalos that the government will sell a share in four months, now this term is prolonged till 12 months. Project...