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Rosneft files $1.4bn lawsuit against Sakhalin-1 participants

Legal action threatens to undermine Japan-Russia cooperation

Russian state oil giant Rosneft on Monday filed a lawsuit against five companies that have interests in the Sakhalin-1 project.   © Reuters

MOSCOW -- Russian state oil giant Rosneft filed an 89 billion ruble ($1.41 billion) lawsuit against participants of the Sakhalin-1 oil and gas project on Monday, Russia's Itar-Tass news agency and other media reported.

Rosneft has not disclosed details, but a protracted legal dispute could hinder future development and economic cooperation between Japan and Russia.

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