Shell to pull out of Russia’s Sakhalin LNG export plant

LNG giant Shell said on Monday it would exit its joint ventures with Russia’s Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-2 LNG export terminal. Besides the LNG plant, Shell said in a statement it would exit its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. … Continue reading Shell to pull out of Russia’s Sakhalin LNG export plant