ExxonMobil considers litigation over barred withdrawal in Russia

US oil major ExxonMobil has notified Russian officials that it will sue the government unless Moscow allows the company to exit a major oil-and-gas project, The Wall Street Journal said yesterday, citing people familiar with the matter.

ExxonMobil considers litigation over barred withdrawal in Russia ExxonMobil considers litigation over barred withdrawal in Russia ExxonMobil considers litigation over barred withdrawal in Russia ExxonMobil considers litigation over barred withdrawal in Russia ExxonMobil considers litigation over barred withdrawal in Russia

A Kremlin decree banning certain transactions through the end of the year has blocked ExxonMobil since early August from transferring operatorship and selling its 30% stake in the Sakhalin-1 LNG