Production of the project of "Sakhalin-I" was restored

Production on the oil and gas Sakhalin-I Production Sharing Agreement project reached level of 190-200 thousand barrels per day, is reported in presentation of the Indian Oil and Natural Gas COR Ltd (shareholder agreements on the section of production of the project). In April, 2022 company Exxon Neftegas Ltd (the affiliated company Exxon Mobil COR, the former operator of the Sakhalin-I project) started reducing production: in May production would fall to 10 thousand barrels per day from 220 thousand / with earlier, and by October production stopped. In October, 2022 under the decree of the president replacement of the operator of "Sakhalin-I" – instead of Exxon Neftegas Ltd. Individual...