Exxon Mobil files lawsuit against Russia at Stockholm arbitration court
U.S. oil and gas company Exxon Mobil has notified the Russian Energy Ministry that it has filed a lawsuit at the Stockholm arbitration court requiring a change in the interpretation of the Sakhalin-1 project Production-Sharing Agreement (PSA) paragraph regarding taxation, Russian publication Vedomosti has reported, with reference to the Russian Energy Minister Alexander Novak.
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