LNG

Rosneft files lawsuits against Sakhalin 1 companies

Rosneft has filed a series of lawsuits against the participants in the Sakhalin 1 project.
By Staff reporter 23 July 2018 0 31846

Rosneft has filed a series of lawsuits worth RUB 89 billion ($1.4 billion) against the participants in the Sakhalin 1 project, which include ExxonMobil’s Russian subsidiary Exxon Neftegas.

Rosneft filed the suit with the Sakhalin Region Arbitration Court to recover funds gained “through unjust benefit and interest for the use of another’s monetary assets, accrued for the period from July 10, 2015 to May 31, 2018”.

Exxon responded with a statement saying the company was aware of the suits but did not agree with the complaints “and...