Gazprom will buy Shell's share in Sakhalin-2 instead of NOVATEK


Controlled by Gazprom company "Sakhalin Project" will buy out 27.45% in the operator of the Sakhalin-2 project – "Sakhalin Energy" – for 94.8 billion rubles. The corresponding government order was published on the official Internet portal of legal information on March 25. Previously, this share in the project belonged to the British-Dutch company Shell, and Novatek planned to buy it.

Sakhalin Project LLC was created in July 2023, as follows from SPARK-Interfax data. The main activity of the company is “providing other financial services, except for insurance and pension services, not included in other groups.” Vedomosti