Foreigners Quit Kharyaga

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Russia's state-controlled Zarubezhneft is prepared to be in full control of the Kharyaga production-sharing agreement as Western companies follow through on promises to dump their Russian oil and gas assets. Moscow has ordered that Zarubezhneft should acquire a 20% stake in Kharyaga owned by France's TotalEnergies and another 30% owned by Norway's Equinor.

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