The Dutch-British oil company Shell wants to end its cooperation with the Russian gas monopoly Gazprom and associated companies. This affects, among other things, the participation in the Sakhalin II liquid gas plant. In addition, the cooperation on the Nord Stream 2 pipeline project will be terminated, Shell announced on Monday. “We are shocked by the loss of life in Ukraine,” said CEO Ben van Beurden. He spoke of a “senseless act of military aggression that threatens European security.” The CEO emphasized: “Our immediate focus is on the safety of our employees in Ukraine and the support of our employees in Russia.” The day before, the British energy group BP had sold its shares in the Russian oil company Rosneft. BP had held a 19.75 percent stake in Rosneft since 2013.
LPG plant – Shell ends cooperation with Gazprom – Economy
