Russian court fines ExxonMobil-led venture as government looks to sell supermajor’s stake

Former Sakhalin 1 operator Exxon Neftegaz ordered to pay $207 million despite having no assets

In conference: Russian President Vladimir Putin speaks to Sakhalin Governor Valery Limarenko via videoconference last week. — In conference: Russian President Vladimir Putin speaks to Sakhalin Governor Valery Limarenko via videoconference last week.Photo: AP/SCANPIX

Vladimir Afanasiev

Published 6 March 2023, 08:55Updated 8 March 2023, 16:31

Sakhalin 1 Russia ExxonMobil Vladimir Putin Valery Limarenko