Russia moves to take control of Sakhalin-2 project

Russia has moved to take over a major oil and gas project in which Shell has a 27.5% stake.
Russian President Vladimir Putin signed a decree yesterday to take charge of the Sakhalin-2 project.
The move could force Shell and Japan's Mitsui and Mitsubishi to abandon their investments as the economic fallout of the Ukraine war spreads.

comments powered by Disqus
More Stories
Most Popular
NCB Financial sees increase in net profit
Alleged 90's Gang leader captured during...