News > ONGC eyes stake in Russian entity managing Sakhalin 1: Report
ONGC eyes stake in Russian entity managing Sakhalin 1: Report
Latesttalks | 18/10/2022 02:44 PM | Click to read full article
ONGC plans to take a stake in the new Russian entity that will manage the Sakhalin 1 project in the far east as it seeks to retain a 20% share in the asset, three sources familiar with the matter said.
Putin earlier this month issued a decree to establish a new operator for the ExxonMobil project and authorised the Kremlin.
