{"id":655534,"date":"2025-12-06T08:34:11","date_gmt":"2025-12-06T03:04:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=655534"},"modified":"2025-12-06T09:02:29","modified_gmt":"2025-12-06T03:32:29","slug":"ongc-said-to-be-moving-closer-to-keeping-20-stake-in-russias-sakhalin-1-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-said-to-be-moving-closer-to-keeping-20-stake-in-russias-sakhalin-1-project\/","title":{"rendered":"ONGC said to be moving closer to keeping 20% stake in Russia&#8217;s Sakhalin-1 project"},"content":{"rendered":"<p>Oil and Natural Gas Corp will pay into Russia&#8217;s Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies&#8217; frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said. <\/p>\n<p>ONGC Videsh Ltd, the overseas investment arm of India&#8217;s top explorer ONGC, and other state-run Indian companies have not been able to repatriate about $800 million in dividends from stakes in Russian energy assets due to sanctions, the industry sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Natural Gas Corp will pay into Russia&#8217;s Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies&#8217; frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said. ONGC Videsh Ltd, the overseas investment arm of India&#8217;s top explorer ONGC, and other state-run Indian companies have not been able to repatriate about $800 million in dividends from stakes in Russian energy assets due to sanctions, the industry sources said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-655534","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/655534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=655534"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/655534\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=655534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=655534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=655534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}