Shell still working on agreement to withdraw from Sakhalin-2 project - TASS

Shell still working on agreement to withdraw from Sakhalin-2 project - TASS
Photo by Marc Rentschler / Unsplash

Shell will stop long-term purchases of Russian oil from third parties by the end of 2022, except for two contracts with a small independent producer, it follows from the report.

The concern estimated the net costs from the sale of its filling stations and plant in Russia to Lukoil at $83 million, the loss from exchange rate differences - $343 million.