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SITUATION REPORTSep 5, 2019 | 15:57 GMT
Russia: Shareholders Give Final Approval for LNG Development Project in the Arctic
Russian energy firm Novatek and other global oil companies have approved the final investment decision for a liquefied natural gas (LNG) plant on Russia's Gydan Peninsula, World Oil reported Sept. 5. Meanwhile, the shareholders of the Sakhalin-1 oil and gas project are looking to construct an LNG plant in Russia's Far Eastern port of De-Kastri.
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