PRESS: Government to send 95 bln rbl to Shell for Sakhalin-2 stake - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Government to send 95 bln rbl to Shell for Sakhalin-2 stake

MOSCOW, Apr 4 (PRIME) -- The Russian government will allow sending the entire sum of 95 billion rubles to a foreign account of energy company Shell for its stake in the Sakhalin-2 facility, Kommersant business daily reported on Tuesday citing sources.

У(Independent gas producer) Novatek CEO Leonid Mikhelson has suggested to President Vladimir Putin that the funds obtained by Shell after a sale of 27.5% of the Sakalin-2 project should be sent to its foreign account,Ф the newspaper reported.

Presently, the money can only be sent to a type C account in Russia where is remains blocked, according to PutinТs order dated June 30, 2022.

Novatek wants to acquire ShellТs stake in the Sakhalin-2.

Kommersant also reported citing its sources that Putin agreed to send the money to ShellТs foreign account.


04.04.2023 09:47
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