Russia decree opens door for Exxon return to Sakhalin-1 project

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MOSCOW, Aug 15 (Reuters) – Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil (XOM.N), opens new tab, to regain shares in the Sakhalin-1 oil and gas project.
The signing of the decree comes on the day Russian president Vladimir Putin meets Donald Trump in Alaska for a summit where opportunities for investment and business collaboration will be on the agenda, alongside talks to find peace in Ukraine.

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