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Compromise sought over Sakhalin-2

Russia's Industry and Energy Ministry and Shell, the majority shareholder of Sakhalin-2, are seeking a compromise with regard to the project, Deputy Minister Andrei Dementyev said.

He reiterated that the government was not content with the proposed rise in costs of the Sakhalin-2 project.

As for the project's economic issues, the deputy minister lauded the interaction with Sakhalin Energy, the operator, describing it as rather active, the Ministry's press office reported.

© RosBusinessConsulting

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