[Russia will take full control of Sakhalin 2 oil and gas project]Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao
Recently, Zhang Yang, a member of the CCSIC Party Committee and Vice President, visited Chongqing Construction Engineering Group for a discussion. The two sides discussed deepening cooperation in areas such as urban renewal, overseas business, and Hami aid construction. Zhang Yang and his delegation also conducted grassroots research, safety inspections, and summer cooling and consolation activities. Editor/Min Jing
The high-level conference on the Trans Caspian International Transport Corridor, hosted by the Ministry of Transport, was held in Beijing. Representatives from multiple countries along the route attended and jointly released initiatives to expand capacity and increase efficiency. Two supporting guidelines were simultaneously launched, and all parties will work together to improve the channel facilities and create a benchmark channel for Asia Europe connectivity. Editor/Min Jing