Russia's Energy Minister Calls Exxon-led Sakhalin Project 'One of Our Best'


MOSCOW, June 10 (Reuters) – There is no economic reason for U.S. energy major ExxonMobil to leave the Sakhalin-1 oil and gas project, Russian Energy Minister Alexander Novak told reporters on Wednesday.

Kommersant daily had reported that Russian Deputy Prime Minister Arkady Dvorkovich planned to hold a meeting to discuss preliminary results of checks at offshore projects, including Exxon-led Sakhalin-1.

Igor Sechin, head of Russia's Rosneft, a shareholder in Sakhalin-1, said on Wednesday he saw no problems arising from the government's check on operations there.

"There is no such information," Novak said when asked if he saw any risks of Exxon leaving the project. "I think Sakhalin-1 is one of (our) best projects. We don't see an economic reason."

(Reporting by Denis Pinchuk; Writing by Katya Golubkova; Editing by David Holmes)

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Quality Assurance and Training Specialist Job
Expertise: HR - General|HR - Trainer / Instructor|Risk Management
Location: Minneapolis, MN
Manager Strategic Supply Chain Sourcing Job
Expertise: Project Controls|Purchasing|Supply Chain Management
Location: Denver, CO
Manager Planning and Purchasing Job
Expertise: Planner / Scheduler|Purchasing|Supply Chain Management
Location: Minneapolis, MN
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours