[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
Kyrgyzstan's Deputy Prime Minister Basarov led a delegation to visit Shandong Province, China, and held talks with Shandong Provincial Party Secretary Lin Wu. Both sides reached consensus on deepening cooperation in areas such as mechanical manufacturing and industrialization of small and medium-sized enterprises. Kyrgyzstan has proposed a plan to build 250 new production lines, covering areas such as food processing and metal processing. Enterprises in Shandong Province will provide equipment and technical support to promote the implementation of production capacity cooperation.Editor/Gao Xue
China Electric Power Construction and Montenegro State Highway Company officially signed a business contract for the MA highway project in Podgorica. The total length of the project is 23.48 kilometers, with a designed speed of 100 kilometers per hour and four lanes in both directions. This is the first general contracting project undertaken by China Electric Power Construction in Montenegro. After completion, it will improve the regional road network structure, enhance cross-border traffic efficiency, and drive economic and social development along the route.Editor/Gao Xue