MOSCOW, November 14. /TASS/. The Russian government authorized the transfer of the 20% participation interest in the new Sakhalin-1 operator to India’s ONGC Videsh Limited and 30% to Japan’s Sakhalin Oil and Gas Development Co. Ltd. (Sodeco) by its decree.
Both companies sent a formal address with a request to take part in the project, the decree reads,
The Sakhalin-1 operator is to prepare required documents for the transfer of participation interests.