ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore Russia’s military action, which has violated Ukraine’s territorial integrity and endangered its people.
In response to recent events, we are working to discontinue operations and taking steps to exit the Sakhalin-1 project. For more than 20 years we have operated the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. As part of the process to discontinue operations, we will work to carefully manage our exit operations while ensuring safety and environmental protection.
Given the current situation, ExxonMobil will make no new investments in Russia and is also fully complying with all sanctions.