MOSCOW (Reuters) -Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil, to regain shares in the Sakhalin-1 oil and gas project.

The signing of the decree comes on the day Russian president Vladimir Putin meets Donald Trump in Alaska for a summit where opportunities for investment and business collaboration will be on the agenda, alongside talks to find peace in Ukraine.

Friday’s decree was published as a follow-up to one Putin signed in October 2022, which ordered the seizure of the Sakhalin-1 project.

Exxon previously held a 30% operator share in the lucrative project, and is the only non-Russian investor to have quit its stake.

Exxon did not immediately reply to Reuters request for comment.

The path t

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