Deadline for selling unclaimed stake of foreigners in Sakhalin 1 extended until end-2024 - decree

MOSCOW. April 8 (Interfax) - The deadline for selling the unclaimed stake of foreign partners in the new operator of the Sakhalin 1 project has been extended until the end of 2024.

Russian President Vladimir Putin on April 8 signed a decree to amend Decree No. 723, dated October 7, 2022, changing the deadline for selling the stake until "not later than January 1, 2025." The document has been posted on the government's official internet portal for legal information.

The previous deadline was October 2023.