Putin Approves $1.2 Billion Payment to Shell for Sakhalin-2 Exit
Putin Approves $1.2 Billion Payment to Shell for Sakhalin-2 Exit Russian President Vladimir Putin has approved a request by Novatek to allow Shell to receive $1.2 billion (94.8 billion rubles) from the Russian gas producer for its 27.5% stake in the Sakhalin-2 LNG project, Russian daily Kommersant reported, quoting sources with knowledge of the matter….