Russian President Vladimir Putin. Archival photoMOSCOW, 2 Jul. Russian President Vladimir Putin has taught Western energy giants a lesson by deciding on special economic measures for the Sakhalin-2 fields. This is the conclusion of the British edition of the Financial Times. As noted in the article, the transfer of assets to the state is a warning to fuel producers from unfriendly countries trying to quickly and easily sell their assets. «Moscow does not want Shell to remain a ghostly shareholder that does not generate profits» , — the publication says. Putin's decree The day before, the head of the Russian state signed a decree according to which the project operator — Sakhalin Energy (a joint venture of Gazprom, Shell, Mitsui and Mitsubishi) — will be replaced by a new Russian legal entity. And the company's property will become the property of Russia. Shares in the authorized capital of the new Sakhalin-2 operator, created instead of Sakhalin Energy, will be owned by Gazprom Sakhalin Holding and the newest operator company, while foreign participants are required to notify the Russian government about their consent one month in advance. accept their shares in the new operator, in proportion to the current ones. At the same time, foreign companies have the opportunity to receive shares in the new operator, in proportion to their current shares in Sakhalin Energy. Also, according to the decree, all employees of the current Sakhalin-2 operator Sakhalin Energy must be transferred to the structure of the new operator.Shares of Mitsui and Mitsubishi fell by 5.5 percent after the decree on Sakhalin-2Supplies will continueThere are no grounds for stopping LNG supplies in connection with the decree on Sakhalin-2, details on determining the cost of projects for the sale of shares as part of the creation of new companies will be be determined by the government, said Russian presidential spokesman Dmitry Peskov. «So far, we see no reason for this,» he said. does not mean that LNG supplies will be immediately stopped, he told reporters. «A decree of the President of Russia on the Sakhalin-2 project was issued. But this does not mean that LNG supplies will be stopped immediately,» he said. The head of government also noted that LNG was not included in the sanctions package because that was the decision of the G7.Shell got acquainted with Putin's decree on changing the operator of the Sakhalin-2 projectJapanese companies want to stayJapanese companies that own shares in Sakhalin-2 intend to stay in the project, the Financial Times also reported, citing a representative of the Japanese government. «We remain» , — quotes the publication of his interlocutor. He also said that Japanese companies intend to remain in the project even if the consortium pays taxes in Russia. This is due to the «extremely favorable terms» of long-term contracts for the supply of LNG from the project to Japan.Japan is studying the consequences of Putin's decree on Sakhalin-2 which will primarily affect ordinary citizens. «What did you think? You will impose more and more sanctions against Russia and continue to receive Russian LNG as if nothing had happened?!» — stressed HS1022. «If we do not abandon these anti-Russian sanctions, we ourselves will plunge into poverty and destitution!» — said hr_party_prc. Sakhalin Island under the terms of a production sharing agreement. The project structure is three offshore platforms, an integrated onshore processing facility, the Prigorodnoye port, an oil export terminal and an LNG plant with a design capacity of 9.6 million tons per year. The project provides for the development of two offshore fields: Piltun -Astokhskoye (mainly oil field with associated gas) and Lunskoye (mainly gas field with associated gas condensate and oil rim)
