MOSCOW (AP) – Russia’s natural resources minister said Tuesday that swelling production costs at an international oil project on the Pacific Island of Sakhalin that is led by Royal Dutch Shell hurt Russian economic interests.
The statement from Yuri Trutnev follows moves by an environmental regulator agency subordinate to him to halt the Sakhalin-2 project over alleged damage to the environment. “The Russian Federation simply must protect its interests,” Trutnev said Tuesday, according to his ministry’s statement.
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