Russia tempts supermajor Shell with $1.3 billion Sakhalin 2 carrot

Russian gas independent Novatek set to bid for Shell’s former shareholding in project now held by government

Stake offer: Novatek executive chairman Leonid Mikhelson. — Stake offer: Novatek executive chairman Leonid Mikhelson.Photo: REUTERS/SCANPIX

Vladimir Afanasiev

Novatek Shell Sakhalin 2 Russia Leonid Mikhelson

Published 4 April 2023, 14:44Updated 5 April 2023, 05:04