The decision by Russia to transfer ownership of Sakhalin-2, one of the largest LNG projects in the world, might kick out the West from key energy deals as a reply to the sanctions.
A decree transferring ownership of the giant Sakhalin-2 oil and liquefied natural gas project to a new Russian company has been signed by President Vladimir Putin. The decision, which was taken in response to "unfriendly states'" actions, could drive away foreign stakeholders, including investors from the Unit...