Russia Extends Deadline for Sale of Exxon's Sakhalin-1 Stake to 2027

2025-12-24T172036Z_824566804_RC23NIADPH90_RTRMADP_3_RUSSIA-PUTIN-AWARDS (1)
MOSCOW, Dec 24 (Reuters) – Russian President Vladimir Putin has extended by one year the deadline for the sale of U.S. oil major ExxonMobil’s XOM.N stake in the Sakhalin-1 oil and gas project until January 1, 2027, according to a decree published on Wednesday.

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