Overview

• The proposals surfaced during envoy Steve Witkoff’s Moscow visit, where he met Vladimir Putin and Kirill Dmitriev, and were later discussed in the White House with President Donald Trump, sources said.
• Options included Exxon Mobil potentially re-entering the Sakhalin-1 project and U.S. sales of equipment for Russia’s LNG ventures, including the sanctioned Arctic LNG 2, according to multiple sources.
• On the day of the Alaska summit, Putin signed a decree that could let foreign investors regain Sakhalin-1 stakes if they support efforts to lift Western sanctions.
• Negotiations have not produced a breakthrough since the summit, as the White House couples incentives with threats of additional sanctions on Russia and tariffs targeting India’s purchases of Russian oil.
• Arctic LNG 2 remains under U.S. restrictions yet resumed limited processing in April, with five cargoes loaded this year despite sanctions, Reuters reported.