ExxonMobil to discontinue operations at Sakhalin-1, make no new investments in Russia
Green Car Congress
MARCH 2, 2022
ExxonMobil is discontinuing operations at Sakhalin-1, and will make no new investments in Russia. ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. The sub-artic Sakhalin-1 Project is one of the largest single international direct investments in Russia.
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