Russia’s Novatek to Gain Shell’s Stake in Sakhalin-2

Analysts reported that Novatek, a Russian natural gas producer, acquired Shell’s stake in the Sakhalin-2 energy project in a lucrative transaction. In June, a presidential decree made the operating company of Sakhalin-2 a Russian entity despite Western sanctions against Moscow for its actions in Ukraine. Following Moscow’s special military operation, Shell was one of many […]

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