Indian Firms to Pay Russia’s Rosneft $230 Mln to Settle Sakhalin-1 Dispute

In July, Russia’s largest oil company, Rosneft, filed a lawsuit against five entities – Sakhalinmorneftegaz, RN-Astra, Exxon Neftegas Ltd, Sakhalin Oil and Gas Development Co., and ONGC Videsh Limited, accusing these firms of “unjust enrichment and interest gained by using…