MOSCOW (Reuters) -- The Russian government on Tuesday said it approved handing over a 12.5% stake in the operator of Russia's Sakhalin 2 liquefied natural gas plant to Dubai-based MIT SEL Investment, a subsidiary of Japanese trading house Mitsui & Co.
The move comes after Russian President Vladimir Putin signed a decree in June that created a new legal entity, Sakhalin Energy LLC, to deal with for buyers and shareholders, which apart from Mitsui & Co. also include Shell and Mitsubishi Corp.
