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Exxon Gets Lower Sakhalin-1 Budget Than Sought, Vedomosti Says

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Dec. 1 (Bloomberg) -- The Exxon Mobil Corp.-led Sakhalin-1 project received approval from the Russian government for a budget of $2.7 billion this year, less than the $3.5 billion requested, Vedomosti said, citing unidentified people close to the operator and the state oversight body.

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To contact the reporter on this story: Stephen Bierman at

To contact the editor responsible for this story: Torrey Clark at

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