Rosneft sheds light on decision to shut down far eastern oil subsidiary

Russian largest oil producer hopes Sakhalinmorneftegaz will be put back to work once new oil pipeline route is approved and built

Shutdown: Rosneft vice president Zeljko Runje (right, centre) briefs Sakhalin regional governor Valery Limarenko on upcoming shutdown of oil production at Sakhalinmorneftegaz, in Yuzhno-Sakhalinsk on 21 July 2020
Shutdown: Rosneft vice president Zeljko Runje (right, centre) briefs Sakhalin regional governor Valery Limarenko on upcoming shutdown of oil production at Sakhalinmorneftegaz, in Yuzhno-Sakhalinsk on 21 July 2020Photo: SAKH.COM
Published 21 July 2020, 15:59Updated 21 July 2020, 15:59