The Washington Post
Breaking up with Russia is hard for many Western firms, despite war
But leaving can be complex. Four days after the invasion, Shell announced it was leaving Russia and later wrote off its nearly 27.5 percent stake in the Sakhalin-2 LNG facility in the Far East at $1.6 billion. This month, an unconfirmed Russian newspaper report suddenly surfaced that Putin had given permission for the company to repatriate $1.2 billion from the sale of its stake in Russia’s Novatek. Shell had no comment.
Francesca Ebel in London and Natalia Abbakumova in Riga, Latvia, contributed to this report.
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