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Gas supply suspended from Russia's Sakhalin-1 project

Published 01/18/2018, 02:57 PM
© Reuters.  Gas supply suspended from Russia's Sakhalin-1 project
XOM
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  • Russia's Energy Ministry says the supply of gas from the Sakhalin-1 project to a pipeline in the country’s Far East has been suspended due to a problem at a compressor station.
  • The ministry says it is investigating the incident and that a power station in the Khabarovsk region continues to supply gas to the surrounding area, where the temperature was minus 17 degrees Celsius.
  • Sakhalin-1 is operated by Exxon Mobil (NYSE:XOM) with a 30% stake, while Rosneft (OTCPK:RNFTF) and India’s ONGC each control 205 and a Japanese consortium owns 30%.
  • Now read: Exxon Mobil - No Longer The Largest Company In The World, But That's Not A Problem


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